Peter M. Graham - Feb 16, 2024 Form 4 Insider Report for SLM Corp (SLM)

Role
EVP & Chief Financial Officer
Signature
/s/ Jeffrey Lipschutz (POA) for Peter M. Graham
Stock symbol
SLM
Transactions as of
Feb 16, 2024
Transactions value $
$0
Form type
4
Date filed
2/20/2024, 05:12 PM
Previous filing
Nov 1, 2023
Next filing
Nov 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Award $0 +32.2K +49.57% $0.00 97.2K Feb 16, 2024 Direct F1, F2
* 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 February 16, 2025, 2026, and 2027.
F2 Includes Dividend Equivalent Units in connection with RSUs held by the reporting person.