Steven McGarry - Feb 28, 2023 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 28, 2023
Transactions value $
-$705,222
Form type
4
Date filed
6/7/2023, 04:39 PM
Previous filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Tax liability -$16.9K -1.18K -0.31% $14.38 384K Feb 28, 2023 Direct F1, F2
transaction SLM Common Stock Sale -$688K -41.7K -10.87% $16.49 342K Jun 5, 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 of the Company Common Stock that were withheld to satisfy the reporting person's tax withholding obligations. This transaction is being reported on an inadvertently delayed basis.
F2 Includes Dividend Equivalent Units in connection with restricted stock units held by the reporting person.
F3 The price in Column 4 is a weighted average price. The prices actually received ranged from $16.465 to $16.53. 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.