X0202 4 2006-12-05 0 0001262279 FIRST MARBLEHEAD CORP FMD 0000905366 ALEXANDER LESLIE L C/O THE FIRST MARBLEHEAD CORPORATION, 800 BOYLSTON STREET, 34TH FLOOR BOSTON MA 02199 1 0 1 0 Common Stock 2006-12-05 4 S 0 38700 53.5 D 15533296 D Common Stock 2006-12-05 4 S 0 9600 53.51 D 15523696 D Common Stock 2006-12-05 4 S 0 3700 53.52 D 15519996 D Common Stock 2006-12-05 4 S 0 2200 53.53 D 15517796 D Common Stock 2006-12-05 4 S 0 700 53.54 D 15517096 D Common Stock 2006-12-05 4 S 0 6600 53.55 D 15510496 D Common Stock 2006-12-05 4 S 0 2700 53.56 D 15507796 D Common Stock 2006-12-05 4 S 0 300 53.57 D 15507496 D Common Stock 2006-12-05 4 S 0 1200 53.58 D 15506296 D Common Stock 2006-12-05 4 S 0 900 53.59 D 15505396 D Common Stock 2006-12-05 4 S 0 500 53.6 D 15504896 D Common Stock 2006-12-05 4 S 0 100 53.61 D 15504796 D Common Stock 2006-12-05 4 S 0 300 53.62 D 15504496 D Common Stock 2006-12-05 4 S 0 100 53.63 D 15504396 D Common Stock 2006-12-05 4 S 0 17700 53.75 D 15486696 D Common Stock 2006-12-05 4 S 0 11900 53.76 D 15474796 D Common Stock 2006-12-05 4 S 0 7900 53.77 D 15466896 D Common Stock 2006-12-05 4 S 0 900 53.78 D 15465996 D Common Stock 2006-12-05 4 S 0 400 53.79 D 15465596 D Common Stock 2006-12-05 4 S 0 23100 53.8 D 15442496 D Common Stock 2006-12-05 4 S 0 2900 53.81 D 15439596 D Common Stock 2006-12-05 4 S 0 1100 53.82 D 15438496 D Common Stock 2006-12-05 4 S 0 2300 53.83 D 15436196 D Common Stock 2006-12-05 4 S 0 1000 53.84 D 15435196 D Common Stock 2006-12-05 4 S 0 3800 53.85 D 15431396 D Common Stock 2006-12-05 4 S 0 300 53.86 D 15431096 D Common Stock 2006-12-05 4 S 0 300 53.9 D 15430796 D Common Stock 3194953 I By the Alexander 2003 Family Trust The amounts reported in this Form 4 reflect the three-for-two stock split effected by the issuer on December 4, 2006. /s/ Leslie L. Alexander 2006-12-07