Peter M. Graham - 30 Oct 2023 Form 4 Insider Report for SLM Corp (SLM)

Role
EVP & Chief Financial Officer
Signature
/s/ Jeffrey Lipschutz (POA) for Peter M. Graham
Issuer symbol
SLM
Transactions as of
30 Oct 2023
Net transactions value
$0
Form type
4
Filing time
01 Nov 2023, 16:05:06 UTC
Previous filing
20 Sep 2023
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Award $0 +64,589 $0.000000 64,589 30 Oct 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A long-term incentive award of restricted stock units ("RSUs") under the SLM Corporation 2021 Omnibus Incentive Plan, which is classified as "Common Stock," as permitted, since the RSUs will be settled solely by delivery of shares of SLM Corporation (the "Company") Common Stock. Subject to continuing employment, these RSUs vest in one-third increments on October 30, 2024, 2025 and 2026.