Steven McGarry - Feb 25, 2022 Form 4 Insider Report for SLM Corp (SLM)

Role
EVP & Chief Financial Officer
Signature
/s/ Jeffrey Lipschutz (POA) for Steven J. McGarry
Stock symbol
SLM
Transactions as of
Feb 25, 2022
Transactions value $
-$768,941
Form type
4
Date filed
3/1/2022, 03:15 PM
Previous filing
Feb 23, 2022
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Sale -$454K -22.8K -6.78% $19.89 314K Feb 25, 2022 Direct F1, F2, F3
transaction SLM Common Stock Sale -$297K -15K -4.78% $19.75 299K Feb 28, 2022 Direct F2, F3
transaction SLM Common Stock Tax liability -$18.2K -922 -0.31% $19.70 298K Feb 28, 2022 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The prices actually received ranged from $19.83 to $19.905. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of units sold at each price within the range.
F2 Includes Dividend Equivalent Units in connection with restricted stock units held by the reporting person.
F3 Includes shares of Common Stock acquired under a dividend reinvestment plan.
F4 Represents shares of the Company Common Stock to be withheld to satisfy the reporting person's tax withholding obligations.