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, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Murray Suzanne E 		2. Issuer Name and Ticker or Trading Symbol

FIRST MARBLEHEAD CORP [ FMD ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Managing Director
(Last)          (First)          (Middle)

C/O THE FIRST MARBLEHEAD CORPORATION, ONE CABOT ROAD, SUITE 200 		3. Date of Earliest Transaction (MM/DD/YYYY)

9/1/2014
(Street)

MEDFORD, MA 02155
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

9/3/2014 
6. Individual or Joint/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
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   9/1/2014     M    646   A   (1) 4727   (2) D    
Common Stock   9/1/2014     F    211   D $4.69   4516   (2) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units     (1) 9/1/2014     M         646      (3)   (3) Common Stock   646     (3) 645   (4) D    
Restricted Stock Units     (5) 9/1/2014     A      20000         (6)   (6) Common Stock   20000   $0   20000   D    

Explanation of Responses:
( 1)  Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. 646 restricted stock units vested on September 1, 2014. Vested shares will be issued to the reporting person as soon as practicable after each vesting date.
( 2)  The original Form 4 filed on September 3, 2014 incorrectly reported the amount of securities beneficially owned following the reported transactions. This amended Form 4 states the correct amounts.
( 3)  On September 1, 2011, the reporting person was granted 2,583 restricted stock units, vesting in four equal annual installments beginning on September 1, 2012, the first anniversary of the date of the grant.
( 4)  Following the vesting of the 646 restricted stock units reported hereby, the remaining 645 restricted stock units will vest on September 1, 2015.
( 5)  Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date.
( 6)  The restricted stock units vest in four annual installments beginning on September 1, 2015, the first anniversary of the date of the grant. Vested shares will be issued to the reporting person as soon as practicable after each vesting date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Murray Suzanne E
C/O THE FIRST MARBLEHEAD CORPORATION
ONE CABOT ROAD, SUITE 200
MEDFORD, MA 02155

Managing Director

Signatures
/s/ Suzanne Murray 4/23/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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