4
2005-09-12
0
0001032033
SLM
0001086476
wkno$5en
12061 Bluemont Way
Reston
VA
20190
1
0
0
0
Common Stock
2005-09-12
4
M
0
21000
14.4375
A
65686.0000
D
Common Stock
2005-09-12
4
F
0
5775
52.5000
D
59911.0000
D
Common Stock
2005-09-12
4
S
0
6646
52.5000
D
53265.0000
D
Stock Option (Right to Buy)
14.4375
2005-09-12
4
M
0
21000
0
D
2009-05-20
Common Stock
21000.0000
2795.0000
D
Stock Option (Right to Buy)
53.0000
2005-09-12
4
A
0
5775
0
A
2006-09-12
2009-05-20
Common Stock
5775.0000
5775.0000
D
The options become exercisable in increments of one-third; one-third becomes exercisable on the date of the grant, one-third upon the Company's common stock having a closing price on the New York Stock Exchange of $19.05 and $23.81, respectively, for five trading days, they also become exercisable on the eighth anniversary of the grant (May 20, 2007) subject to terms regarding the reporting person's continued service with the Company.
By: Mary F. Eure (POA)
2005-09-12