Steven McGarry - Mar 1, 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
Mar 1, 2022
Transactions value $
-$476,440
Form type
4
Date filed
3/3/2022, 04:27 PM
Previous filing
Mar 1, 2022
Next filing
Feb 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Award $0 +55.6K +18.67% $0.00 354K Mar 1, 2022 Direct F1, F2, F3
transaction SLM Common Stock Tax liability -$476K -25.1K -7.1% $18.99 328K Mar 1, 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 Represents shares awarded of the Company Common Stock in connection with the vesting of performance stock units awarded on January 28, 2019 ("PSUs"), as certified by the Compensation Committee on March 1, 2022.
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 required to be withheld to satisfy the reporting person's tax withholding obligations in connection with the vesting of the PSUs.