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Filing Details

Accession Number:: 0000845877-13-000250
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-12-10 16:17:46
Reporting Period:: 2013-12-06

Filing Date:: 2013-12-10
Accepted Time:: 2013-12-10 16:17:46
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
845877	Federal Agricultural Mortgage Corp	AGM	Federal & Federally-Sponsored Credit Agencies (6111)	521578738

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1250221	L Timothy Buzby	C/O Farmer Mac 1999 K Street Nw, 4Th Floor Washington DC 20006	President And Ceo	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class C Non-Voting Common Stock	Acquisiton	2013-12-06	12,916	$19.86	46,890	No	4	M	Direct
Class C Non-Voting Common Stock	Disposition	2013-12-06	12,916	$35.02	33,974	No	4	S	Direct
Class C Non-Voting Common Stock	Acquisiton	2013-12-06	13,333	$5.93	47,307	No	4	M	Direct
Class C Non-Voting Common Stock	Disposition	2013-12-06	4,777	$35.12	42,530	No	4	F	Direct
Class C Non-Voting Common Stock	Disposition	2013-12-06	2,251	$35.12	40,279	No	4	D	Direct
Class C Non-Voting Common Stock	Disposition	2013-12-06	6,305	$35.13	33,974	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	F	Direct
No	4	D	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class C Non-Voting Common Stock	Stock Option	Disposition	2013-12-06	12,916	$19.86	12,916	$19.86
Class C Non-Voting Common Stock	Stock Appreciation Right	Disposition	2013-12-06	13,333	$5.93	13,333	$5.93

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2014-08-11	No	4	M	Direct
13,334		2019-06-04	No	4	M	Direct

Footnotes

This report reflects (on Table I) (i) the acquisition of 12,916 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock through the exercise of a previously partially exercised stock option acquired by the Reporting Person in August 2004 pursuant to former Rule 16b-3; (ii) the sale of 12,916 shares of Class C Non-Voting Common Stock; and (on Table II) (iii) the exercise of the August 2004 employee stock option. The exercise of the August 2004 employee stock option is exempt under Section 16(b) under Rule 16b-6 but is reported herein pursuant to Rule 16a-4.
Includes 28,264 shares of unvested restricted stock granted pursuant to Farmer Mac's 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.
Transaction effected pursuant to a trading plan adopted by Mr. Buzby in accordance with Rule 10b5-1.
The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $35.00 to $35.04, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to Form 4.
Mr. Buzby received 6,305 shares of Farmer Mac's Class C Non-Voting Common Stock upon net share settlement of his partial exercise of 13,333 stock appreciation rights with a grant price of $5.93 per share. That partial exercise entitled Mr. Buzby to receive 11,082 shares of Farmer Mac's Class C Non-Voting Common Stock, and 4,777 shares were retained by Farmer Mac to satisfy tax withholding requirements arising from the exercise. Each stock appreciation right represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.
The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $34.90 to $35.35, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to Form 4.
Exercisable beginning May 31, 2005 with respect to 6,458 shares, beginning May 31, 2006 with respect to 6,458 shares, and beginning May 31, 2007 with respect to 6,458 shares.
Exercisable beginning May 31, 2010 with respect to 13,333 shares, beginning May 31, 2011 with respect to 13,333 shares, and beginning May 31, 2012 with respect to 13,334 shares.