X0306 4 2018-02-26 0001032033 SLM CORP SLM 0001668177 Thome Paul F 300 CONTINENTAL DRIVE NEWARK DE 19713 1 EVP & Chief Admin Officer Common Stock 2018-02-26 4 F 0 9318 11.16 D 208784 D Common Stock 2018-02-26 4 F 0 3297 11.16 D 205487 D Common Stock 40846.836 I 401(k) Savings Plan Common Stock 23847.021 I Supplemental 401(k) Savings Plan 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, 21,009 shares vested in connection with these RSUs, of which 9,318 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 9,081 of these RSUs, of which 3,297 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Represents the number of units held in a unitized stock fund in the Sallie Mae 401(k) Savings Plan and the Sallie Mae Supplemental 401(k) Savings Plan as of February 28, 2018. /s/ Nicolas Jafarieh (POA) for Paul F. Thome 2018-02-28