Ted Manvitz - 21 Jun 2022 Form 4 Insider Report for SLM Corp (SLM)

Role
Director
Signature
/s/ Jeffrey Lipschutz (POA) for Ted Manvitz
Issuer symbol
SLM
Transactions as of
21 Jun 2022
Net transactions value
$0
Form type
4
Filing time
23 Jun 2022, 16:24:12 UTC
Previous filing
28 Mar 2022
Next filing
27 Jun 2022
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 +7,971 +101% $0.000000 15,843 21 Jun 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received shares of Restricted Common Stock, issued pursuant to the terms of the SLM Corporation 2021 Omnibus Incentive Plan - 2022 Independent Director Restricted Stock Agreement (the "2022 Agreement") in partial payment of the annual retainer to independent directors. The Restricted Common Stock award is subject to vesting upon the terms set forth in the 2022 Agreement.
F2 Includes Dividend Equivalent Units issued in connection with Restricted Common Stock held by the reporting person.