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Fox Edward A – ‘4’ for 8/31/01 re: SLM Corp.

As of:  Tuesday, 9/4/01   ·   For:  8/31/01   ·   Accession #:  1032033-1-500020   ·   File #:  1-13251

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/04/01  Fox Edward A                      4          Director    1:5K   USA Education Inc.                USA Education Inc.

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Form 4 for Edward Fox                                  2     10K 

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1. Name and Address of Reporting Person Fox, Edward A. 11600 Sallie Mae Drive Reston, VA 20193 2. Issuer Name and Ticker or Trading Symbol USA Education, Inc. (SLM) 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 8/2001 5. If Amendment, Date of Original (Month/Day/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person [Enlarge/Download Table] TABLE I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned +---------------------------------+----------+-------------+-----------------------------+----------------+-----------+------------+ |1. Title of Security |2. Trans- |3. Trans- |4. Securities Acquired (A) |5. Amount of |6. Owner- |7. Nature | | | action | action | or Disposed of (D) | Securities | ship | of In- | | | Date | Code | | Beneficially | Form: | direct | | | | | | Owned at | Direct | Bene- | | | (Month/ | | | End of | (D) or | ficial | | | Day/ +-------+-----+-----------+------+----------+ Month | Indirect| Owner- | | | Year) |Code |V |Amount |A/D |Price | | (I) | ship | +---------------------------------+----------+-------+-----+-----------+------+----------+----------------+-----------+------------+ Common Stock 08/03/2001 M 52500 A $39.3393 D Common Stock 08/03/2001 S -38521 D $80.0170 214635 D Common Stock 14000 I By Charitable Remainder Trust
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[Enlarge/Download Table] TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned +-------------+--------+----------+---------+-----------+---------------------+----------------+----------+--------+-------+-------+ |1. |2. |3. |4. |5. |6. |7. |8. |9. |10. |11. | | | | | | | | | |Number |Owner- | | | | | | | | | | |of |ship | | | | | | | | | | |Deriv- |Form of| | | | | | | | |Title and Amount| |ative |Deriv- | | | | | | | | |of Underlying | |Secur- |ative |Nature | | |Conver- | | |Number of | |Securities | |ities |Secur- |of | | |sion or | | |Derivative |Date Exercisable +-------+--------+ |Benefi- |ity: |In- | | |Exercise| | |Securities |and Expiration Date | |Amount | |cially |Direct |direct | | |Price of|Transac- |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- | |Title of |Deriv- |tion Date |tion Code|Disposed(D)+----------+----------+ |Number |Price of |at End |In- |ficial | |Derivative |ative |(Month/ +------+--+-----+-----+Date Exer-|Expira- | |of |Derivative|of |direct |Owner- | |Security |Security|Day/Year) |Code |V |(A) |(D) |cisable |tion Date |Title |Shares |Security |Month |(I) |ship | +-------------+--------+----------+------+--+-----+-----+----------+----------+-------+--------+----------+--------+-------+-------+ Stock Option $39.3393 08/03/2001 M 52500 <F1> 08/13/2007 Common 52500 $39.3393 0 D (Right to buy) Stock Explanation of Responses: <FN> <F1> The options become exercisable in increments of one-third upon the Company's common stock having a closing price on the New York Stock Exchange of $42.86, $57.15 and $71.43, respectively, for five trading days, they also become exercisable on the eighth anniversary of their grant (August 13, 2005). </FN> SIGNATURE OF REPORTING PERSON /s/Mary F. Eure (POA) DATE 09/04/2001

Dates Referenced Herein   and   Documents Incorporated by Reference

Referenced-On Page
This ‘4’ Filing    Date First  Last      Other Filings
8/13/052
Filed on:9/4/014
For Period end:8/31/014
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Filing Submission 0001032033-01-500020   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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