13G HTML File
DOCUMENT TYPE SC 13G/A
TEXT
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment # 3
Name of Issuer: SLM CORP
_____________________________________________________
Title of Class
of Securities: Common Stock
CUSIP Number: 78442P106
1) NAME AND I.R.S. IDENTIFICATION NO. OF REPORTING PERSON
Prudential Financial, Inc. 22-3703799
2.) MEMBER OF A GROUP: (a) N/A
(b) N/A
3) SEC USE ONLY:
4) PLACE OF ORGANIZATION: New Jersey
NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH:
5) Sole Voting Power: 776,062 See
Exhibit A
6) Shared Voting Power: 20,973,722 See Exhibit A
7) Sole Dispositive Power: 776,062 See Exhibit A
8) Shared Dispositive Power: 20,985,330 See Exhibit
A
9) AGGREGATE AMOUNT BENEFICIALLY OWNED: 21,761,392 See Exhibit A
10) AGGREGATE AMOUNT IN ROW (9) EXCLUDES SHARES: Not Applicable
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 5.0 See Exhibit A
12) TYPE OF REPORTING PERSON: HC
ITEM 1(a). NAME OF ISSUER:
SLM CORP
ITEM 1(b). ADDRESS OF ISSUER'S EXECUTIVE OFFICES:
300 CONTINENTAL DRIVE
NEWARK, DE 19713
ITEM 2(a). NAME OF PERSON FILING:
Prudential Financial, Inc.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE:
751 Broad Street
Newark, New Jersey 07102-3777
ITEM 2(c). CITIZENSHIP:
New Jersey
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e). CUSIP NUMBER:
78442P106
ITEM 3. The Person filing this statement is a Parent Holding
Company as
defined in Section 240.13d-1(b)(1)(ii)(G) of the Securities
Exchange
Act of 1934.
ITEM 4. OWNERSHIP:
(a) Number of Shares
Beneficially Owned: 21,761,392
See Exhibit A
(b) Percent of Class: 5.0
(c) Powers No. Of Shares
----------- --------------------
Sole power to vote or 776,062 See Exhibit A
to direct the vote
Shared power to vote or 20,973,722 See Exhibit A
to direct the vote
Sole power to dispose or 776,062 See Exhibit A
to direct disposition
Shared power to dispose 20,985,330 See Exhibit A
or to direct disposition
ITEM 5. OWNERSHIP OF 5% OR LESS OF A CLASS:
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN 5% ON BEHALF OF
ANOTHER PERSON:
Our clients may have the right to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of, such securities which are the
subject of this filing.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE ULTIMATE PARENT COMPANY:
See Exhibit A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF
MEMBERS OF THE GROUP:
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10. CERTIFICATION:
By signing below, Prudential Financial, Inc. certifies that, to the best of
its
knowledge and belief, the securities referred to above were acquired
and are held in the ordinary course of business and were not acquired
and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired
and are not held in connection with or as a participant in any transaction
having that purpose or effect.
The filing of this statement should not be construed as an admission that
Prudential Financial, Inc. is, for purposes of Sections 13 or 16 of the
Securities
Exchange Act of 1934, the beneficial owner of such shares.
SIGNATURE
After reasonable inquiry and to the best of its knowledge and
belief,
Prudential Financial, Inc. certifies that the information set forth in this
statement is true, complete and correct.
PRUDENTIAL FINANCIAL, INC.
By: Richard Baker
Second Vice President
Date: 01/26/2018
As of: 12/31/2017
Exhibit A
--------------
ITEM 4. OWNERSHIP:
Through its parent/subsidiary relationship, Prudential Financial, Inc. may be
deemed the beneficial owner of the same securities as the Item 7 listed
subsidiaries and may have direct or indirect voting and/or investment
discretion over 21,761,392 shares.
These shares were acquired in the ordinary course of business, and not with the
purpose or effect of changing or influencing control of the Issuer. The filing
of this statement should not be construed as an admission that Prudential
Financial, Inc. is, for the purposes of Sections 13 or 16 of the Securities
Exchange Act of 1934, the beneficial owner of these shares.
ITEM 7. IDENTIFICATION/CLASSIFICATION:
Prudential Financial, Inc. is a Parent Holding Company and the indirect parent
of the following subsidiaries, who are the beneficial owners of the number and
percentage of securities which are the subject of this filing as set forth next
to their names:
Subsidiaries |
|
Number of Shares |
Percentage |
The Prudential Insurance Company of
America |
IC |
0 |
0 |
Prudential Retirement Insurance and Annuity Company |
IC |
0 |
0 |
Jennison Associates LLC |
IA |
21,488,767 |
4.98 |
PGIM, Inc. |
IA |
0 |
0 |
Quantitative Management Associates LLC |
IA |
272,625 |
0.06 |