Home > Insider Trading > Filing (0000845877-16-000339)

Filing Details

Accession Number:: 0000845877-16-000339
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-11-14 17:47:05
Reporting Period:: 2016-11-09

Filing Date:: 2016-11-14
Accepted Time:: 2016-11-14 17:47:05
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

Show Other Fields >>

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	2016-11-09	2,000	$32.77	17,274	No	4	M	Direct
Class C Non-Voting Common Stock	Disposition	2016-11-09	316	$47.50	16,958	No	4	F	Direct
Class C Non-Voting Common Stock	Disposition	2016-11-09	1,380	$47.50	15,578	No	4	D	Direct
Class C Non-Voting Common Stock	Acquisiton	2016-11-09	5,000	$7.78	20,578	No	4	M	Direct
Class C Non-Voting Common Stock	Disposition	2016-11-09	2,129	$47.50	18,449	No	4	F	Direct
Class C Non-Voting Common Stock	Disposition	2016-11-09	818	$47.50	17,631	No	4	D	Direct
Class C Non-Voting Common Stock	Disposition	2016-11-10	2,357	$47.53	15,274	No	4	S	Direct

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

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class C Non-Voting Common Stock	Stock Option	Disposition	2016-11-09	2,000	$32.77	2,000	$32.77
Class C Non-Voting Common Stock	Stock Appreciation Right	Disposition	2016-11-09	5,000	$7.78	5,000	$7.78

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2010-08-31	2017-10-03	No	4	M	Direct
0		2019-10-07	No	4	M	Direct

Footnotes

This report reflects (on Table I) (a) the acquisition of 2,000 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock through the exercise of a stock option acquired by the Reporting Person in October 2007 at a grant price of $32.77 pursuant to former Rule 16b-3; (b) the net share settlement of his exercise, which entitled Mr. Mullery to receive 2,000 shares, of which (i) 316 were retained by Farmer Mac to satisfy tax withholding requirements arising from the exercise, (ii) 1,380 were delivered to Farmer Mac to cover the exercise cost, and (iii) 304 were delivered to Mr. Mullery; (c) the sale of 304 shares (included in the total of 2,357 shares sold reported on Table I); and (on Table II) (d) the exercise of the October 2007 employee stock option. The exercise of the October 2007 employee stock option is exempt under Section 16(b) under Rule 16b-6 but is reported herein pursuant to Rule 16a-4.
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.
Mr. Mullery received 2,053 shares of the Farmer Mac's Class C Non-Voting Common Stock upon net share settlement of his exercise of 5,000 stock appreciation rights with a grant price of $7.78 per share. That exercise entitled Mr. Mullery to receive 4,182 shares of the Corporation's Class C Non-Voting Common Stock, and 2,129 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.
Transaction effected pursuant to a trading plan adopted 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 $47.20 to $47.87, 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 August 31, 2010 with respect to 1,667 shares, beginning August 31, 2011 with respect to 1,667 shares, and beginning August 31, 2012 with respect to 1,666 shares.