0001127602-17-008960.txt : 20170228
0001127602-17-008960.hdr.sgml : 20170228
20170228173546
ACCESSION NUMBER: 0001127602-17-008960
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161110
FILED AS OF DATE: 20170228
DATE AS OF CHANGE: 20170228
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SLM CORP
CENTRAL INDEX KEY: 0001032033
STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141]
IRS NUMBER: 522013874
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 300 CONTINENTAL DRIVE
CITY: NEWARK
STATE: DE
ZIP: 19713
BUSINESS PHONE: (302) 283-8000
MAIL ADDRESS:
STREET 1: 300 CONTINENTAL DRIVE
CITY: NEWARK
STATE: DE
ZIP: 19713
FORMER COMPANY:
FORMER CONFORMED NAME: SALLIE MAE
DATE OF NAME CHANGE: 20020517
FORMER COMPANY:
FORMER CONFORMED NAME: USA EDUCATION INC
DATE OF NAME CHANGE: 20000801
FORMER COMPANY:
FORMER CONFORMED NAME: SLM HOLDING CORP
DATE OF NAME CHANGE: 19970203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Boyles Jonathan
CENTRAL INDEX KEY: 0001633230
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13251
FILM NUMBER: 17649619
MAIL ADDRESS:
STREET 1: 300 CONTINENTAL DRIVE.
CITY: NEWARK
STATE: DE
ZIP: 19713
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2016-11-10
0001032033
SLM CORP
SLM
0001633230
Boyles Jonathan
300 CONTINENTAL DRIVE
NEWARK
DE
19713
1
SVP & Controller
Common Stock
2016-11-10
4
M
0
5154
5.7343
A
187980
D
Common Stock
2016-11-10
4
F
0
4009
8.59
D
183971
D
Common Stock
2016-11-10
4
S
0
1145
8.6025
D
182826
D
Common Stock
2016-11-10
4
S
0
8394
8.601
D
174432
D
Common Stock
2017-02-26
4
F
0
6954
11.96
D
167478
D
Common Stock
2017-02-26
4
F
0
2309
11.96
D
165169
D
Stock Options (Right to Buy)
5.7343
2016-11-10
4
M
0
5154
0
D
2015-02-03
2017-02-03
Common Stock
5154
0
D
This item reports the exercise of SARs with respect to 5,154 shares, which was previously not reported due to an administrative error.
The total number of shares of Common Stock is adjusted to correct for a prior administrative error with respect to the number of shares of Common Stock reported to be held by the Reporting Person.
This item reports the withholding of 4,009 shares that occurred in connection with the exercise of SARs, which was previously not reported due to an administrative error.
This item reports the sale of 1,145 shares, which was previously not reported due to an administrative error. The disposition of these shares did not give rise to any matchable transaction.
This item reports the sale of 8,394 shares, which was previously not reported due to an administrative error. The disposition of these shares did not give rise to any matchable transaction.
On February 26, 2016, Mr. Boyles was granted restricted stock units ("RSUs") representing rights to receive shares of common stock of SLM Corporation (the "Company"), subject to vesting conditions, to vest in one-third increments on February 26, 2017, 2018 and 2019. On February 26, 2017, 21,008 shares vested in connection with these RSUs, of which 6,954 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
On February 26, 2016, a portion of Mr. Boyles's 2015 Management Incentive Plan was granted in the form of RSUs that carry transfer restrictions that lapse in one-half increments on February 26, 2017 and 2018, regardless of continued employment. On February 26, 2017, the restrictions lapsed on 7,508 RSUs, and 2,309 shares of the Company common stock were withheld to satisfy Mr. Boyles's tax withholding obligations.
/s/ Nicolas Jafarieh (POA) for Jonathan R. Boyles
2017-02-28