Jonathan W. Witter - Feb 13, 2023 Form 4 Insider Report for SLM Corp (SLM)

Role
CEO, Director
Signature
/s/ Jeffrey Lipschutz (POA) for Jonathan W. Witter
Stock symbol
SLM
Transactions as of
Feb 13, 2023
Transactions value $
-$2,807,659
Form type
4
Date filed
2/15/2023, 03:30 PM
Previous filing
Feb 7, 2023
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Award $0 +382K +45.5% $0.00 1.22M Feb 13, 2023 Direct F1, F2
transaction SLM Common Stock Tax liability -$2.81M -185K -15.13% $15.19 1.04M Feb 13, 2023 Direct F2, F3
* 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 April 20, 2020 ("PSUs"), as certified by the Compensation Committee on February 13, 2023.
F2 Includes Dividend Equivalent Units in connection with restricted stock units held by the reporting person.
F3 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.