0001628280-21-001708.txt : 20210209 0001628280-21-001708.hdr.sgml : 20210209 20210209172435 ACCESSION NUMBER: 0001628280-21-001708 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210205 FILED AS OF DATE: 20210209 DATE AS OF CHANGE: 20210209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kennedy Daniel P CENTRAL INDEX KEY: 0001823168 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13251 FILM NUMBER: 21607959 MAIL ADDRESS: STREET 1: 300 CONTINENTAL DRIVE CITY: NEWARK STATE: DE ZIP: 19713 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: SLM CORP DATE OF NAME CHANGE: 20030326 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 4 1 wf-form4_161290944829597.xml FORM 4 X0306 4 2021-02-05 0 0001032033 SLM Corp SLM 0001823168 Kennedy Daniel P 300 CONTINENTAL DRIVE NEWARK DE 19713 0 1 0 0 EVP, Chief Operational Officer Common Stock 2021-02-05 4 A 0 11408 0 A 217848.9029 D Stock Options (Right to Buy) 17.65 2021-02-05 4 A 0 77262 0 A 2024-02-05 2031-02-05 Common Stock 77262.0 77262 D A long-term incentive award of restricted stock units ("RSUs") under the SLM Corporation 2012 Omnibus Incentive Plan, which is classified as "Common Stock," as permitted, since the RSUs will be settled solely by delivery of shares of SLM Corporation (the "Company") Common Stock. Subject to continuing employment, these RSUs vest in one-third increments on February 5, 2022, 2023 and 2024. Includes Dividend Equivalent Units in connection with RSUs granted under the SLM Corporation 2012 Omnibus Incentive Plan. The exercise price is a 15% premium above the Common Stock closing price of $15.34 on the February 5, 2021 grant date. 100% of the stock options cliff vest on the third anniversary of the February 5, 2021 grant date. The stock options will expire 10 years after the February 5, 2021 grant date. /s/ Jeffrey Lipschutz (POA) for Daniel P. Kennedy 2021-02-09