0001628280-24-005653.txt : 20240220
0001628280-24-005653.hdr.sgml : 20240220
20240220171011
ACCESSION NUMBER: 0001628280-24-005653
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240216
FILED AS OF DATE: 20240220
DATE AS OF CHANGE: 20240220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Palmer Kerri A.
CENTRAL INDEX KEY: 0001842623
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13251
FILM NUMBER: 24654757
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]
ORGANIZATION NAME: 02 Finance
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
wk-form4_1708466975.xml
FORM 4
X0508
4
2024-02-16
0
0001032033
SLM Corp
SLM
0001842623
Palmer Kerri A.
300 CONTINENTAL DRIVE
NEWARK
DE
19713
0
1
0
0
EVP, Chief Operational Officer
0
Common Stock
2024-02-16
4
A
0
24859
0
A
194814.69
D
Common Stock
2024-02-17
4
F
0
3055
20.18
D
191759.69
D
Common Stock
2024-02-17
4
F
0
12953
20.18
D
178806.69
D
Common Stock
2024-02-18
4
F
0
2776
20.18
D
176030.69
D
A long-term incentive award of restricted stock units ("RSUs") under the SLM Corporation 2021 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 16, 2025, 2026, and 2027.
Includes Dividend Equivalent Units in connection with RSUs held by the reporting person.
On February 17, 2023, the reporting person was granted RSUs representing rights to receive shares of Common Stock of the Company, subject to vesting conditions, to vest in one-third increments on February 17, 2024, 2025, and 2026. On February 17, 2024, 10,006 shares vested in connection with these RSUs, of which 3,055 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
On February 17, 2023, the reporting person was granted RSUs representing rights to receive shares of Common Stock of the Company, subject to vesting conditions, to vest in one-third increments on February 17, 2024, 2025, and 2026. On February 17, 2024, 33,357 shares vested in connection with these RSUs, of which 12,953 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
On February 18, 2022, the reporting person was granted RSUs representing rights to receive shares of Common Stock of the Company, subject to vesting conditions, to vest in one-third increments on February 18, 2023, 2024, and 2025. On February 18, 2024, 6,154 shares vested in connection with these RSUs, of which 2,776 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
/s/ Jeffrey Lipschutz (POA) for Kerri A. Palmer
2024-02-20