X0306 4 2018-02-10 0001032033 SLM CORP SLM 0001439296 Quinlan Raymond J. 300 CONTINENTAL DRIVE NEWARK DE 19713 1 1 Chairman & CEO Common Stock 2018-02-10 4 F 0 48618 10.67 D 1235998 D Common Stock 2018-02-10 4 F 0 9924 10.67 D 1226074 D On February 10, 2015, the reporting person 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 10, 2016, 2017 and 2018. On February 10, 2018, 105,820 shares vested in connection with these RSUs, of which 48,618 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. On February 10, 2015, the reporting person was granted restricted stock units ("RSUs") representing rights to receive shares of common stock of SLM Corporation (the "Company"), subject to transfer restrictions that lapse in one-third increments on February 10, 2016, 2017 and 2018. On February 10, 2018, the transfer restrictions lapsed in connection with 22,769 of these RSUs, of which 9,924 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. /s/ Nicolas Jafarieh (POA) for Raymond J. Quinlan 2018-02-13