SLM : Statement of Changes in Beneficial Ownership (Form 4)

by


Ownership Submission

FORM 4

Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person *

Strong Robert S.

2. Issuer Name and Ticker or Trading Symbol
SLM Corp [SLM]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director

_____ 10% Owner

_____ Officer (give title below)

____ Other (specify below)

(Last)

(First)

(Middle)

300 CONTINENTAL DRIVE

3. Date of Earliest Transaction (Month/Day/Year)

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Join/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security

2. Transaction Date (Month/Day/Year)

2A. Deemed Execution Date, if any (Month/Day/Year)

3. Transaction Code

4. Securities Acquired (A) or Disposed of (D)

5. Amount of Securities Beneficially Owned Following Reported Transaction(s)

6. Ownership Form: Direct (D) or Indirect (I)

7. Nature of Indirect Beneficial Ownership

Code

V

Amount

(A) or (D)

Price

Table II – Derivative Securities Beneficially Owned (egputs, calls, warrants, options, convertible securities)
(egputs, calls, warrants, options, convertible securities)

1. Title of Derivate Security

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code

5. Number of Derivative Securities Acquired (A) or Disposed of (D)

6. Date Exercisable and Expiration Date

7. Title and Amount of Securities Underlying Derivative Security

8. Price of Derivative Security

9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)

11. Nature of Indirect Beneficial Ownership

Code

V

(A)

(D)

Date Exercisable

Expriation Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships

Director

10% Owner

Officer

Other

Strong Robert S.
300 CONTINENTAL DRIVE

NEWARK, DE19713

X

Signatures

/s/ Jeffrey Lipschutz (POA) for Robert S. Strong

2022-06-27

**Signature of Reporting Person

Date

Explanation of Responses:

If the form is filed by more than one reporting person, see

Instruction 5(b)(v).

(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See

18 USC 1001 and 15 USC 78ff(a).

(1)

Represents a grant of shares of SLM Corporation’s Common Stock (the “Shares”) received in lieu of the reporting person’s quarterly cash retainer. The per share value of the Shares was equal to the closing sales price per share as of the grant date.

(2)

Includes Dividend Equivalent Units issued in connection with Restricted Common Stock held by the reporting person. Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See

Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

Disclaimer SLM Corporation published this content on 27 June 2022 and is responsible for the information contained therein. Distributed by Public, unedited and unaltered, on27 June 2022 21:45:25 UTC

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Analyst Recommendations on SLM CORPORATION

Sales 2022
1 413 M
–
– Net income 2022
801 M
–
– Net Debt 2022
21 788 M
–
– P/E ratio 2022
5,37x Yield 2022
2,71% Capitalization
4 377 M
4 377 M
– EV / Sales 2022
18.5x EV / Sales 2023
18,6x Nbr of Employees
1 450 Free-Float

61,5%

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$22.92 Spread / Average Target

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