X0306 4 2018-02-26 0001032033 SLM CORP SLM 0001439296 Quinlan Raymond J. 300 CONTINENTAL DRIVE NEWARK DE 19713 1 1 Chairman & CEO Common Stock 2018-02-26 4 F 0 69499 11.16 D 1156575 D Common Stock 2018-02-26 4 F 0 16154 11.16 D 1140421 D On February 26, 2016, 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 26, 2017, 2018 and 2019. On February 26, 2018, 151,261 shares vested in connection with these RSUs, of which 69,499 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. On February 26, 2016, 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 26, 2017, 2018 and 2019. On February 26, 2018, the transfer restrictions lapsed in connection with 37,063 of these RSUs, of which 16,154 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. /s/ Nicolas Jafarieh (POA) for Raymond J. Quinlan 2018-02-28