4
2004-10-27
0
0001032033
SLM
0001086476
wkno$5en
12061 Bluemont Way
Reston
VA
20190
1
0
0
0
Phantom Stock Units
0.0000
2004-10-27
4
A
0
44.474
44.9700
A
Common Stock
44.4740
3499.3940
D
Conversion or Exercise Price of Derivative Security is 1 to 1.
Phantom Stock Units accrued under the Directors Deferred Compensation Plan are to be settled in the Company's common stock upon the reporting person's separation from service.
By: Mary F. Eure (POA)
2004-10-27