Nicolas Jafarieh - 01 Mar 2022 Form 4 Insider Report for SLM Corp (SLM)

Signature
/s/ Jeffrey Lipschutz (POA) for Nicolas Jafarieh
Issuer symbol
SLM
Transactions as of
01 Mar 2022
Transactions value $
$-345,200
Form type
4
Filing time
03 Mar 2022, 16:31:37 UTC
Previous filing
23 Feb 2022
Next filing
01 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Award $0 +38,511 +40.1% $0.000000 134,631 01 Mar 2022 Direct F1, F2
transaction SLM Common Stock Tax liability $-345,200 -18,178 -13.5% $18.99 116,453 01 Mar 2022 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 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 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.