Filing Details

Accession Number:
0000845877-16-000311
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-19 17:04:46
Reporting Period:
2016-09-16
Filing Date:
2016-09-19
Accepted Time:
2016-09-19 17:04:46
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
1551864 P Stephen Mullery C/O Farmer Mac
1999 K Street N.w., 4Th Floor
Washington DC 20006
Svp - General Counsel No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class C Non-Voting Common Stock Acquisiton 2016-09-16 4,000 $7.35 19,274 No 4 M Direct
Class C Non-Voting Common Stock Disposition 2016-09-16 1,465 $42.29 17,809 No 4 F Direct
Class C Non-Voting Common Stock Disposition 2016-09-16 695 $42.29 17,114 No 4 D Direct
Class C Non-Voting Common Stock Disposition 2016-09-16 1,840 $41.34 15,274 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 D Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class C Non-Voting Common Stock Stock Appreciation Right Disposition 2016-09-16 4,000 $7.35 4,000 $7.35
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2011-08-31 2018-10-02 No 4 M Direct
Footnotes
  1. Mr. Mullery received 1,840 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock upon net share settlement of his exercise of 4,000 stock appreciation rights with a grant price of $7.35 per share. That exercise entitled Mr. Mullery to receive 3,305 shares of Farmer Mac's Class C Non-Voting Common Stock, and 1,465 shares were retained by Farmer Mac's 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.
  2. Includes 11,142 shares of unvested restricted stock previously 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.
  3. Transaction effected pursuant to a trading plan adopted in accordance with Rule 10b5-1.
  4. 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 $41.04 to $41.50, 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.