Filing Details

Accession Number:
0000845877-16-000350
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-16 17:23:43
Reporting Period:
2016-11-14
Filing Date:
2016-11-16
Accepted Time:
2016-11-16 17:23:43
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
1587529 Gregory Ramsey 1999 K Street, N.w.
4Th Floor
Washington DC 20006
Principal Accounting Officer 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 2016-11-14 2,666 $35.60 3,666 No 4 M Direct
Class C Non-Voting Common Stock Acquisiton 2016-11-14 1,333 $32.39 4,999 No 4 M Direct
Class C Non-Voting Common Stock Disposition 2016-11-14 397 $49.25 4,602 No 4 F Direct
Class C Non-Voting Common Stock Disposition 2016-11-14 2,803 $49.25 1,799 No 4 D Direct
Class C Non-Voting Common Stock Disposition 2016-11-16 799 $52.53 1,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
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 2016-11-14 2,666 $35.60 2,666 $35.60
Class C Non-Voting Common Stock Stock Appreciation Right Disposition 2016-11-14 1,333 $32.39 1,333 $32.39
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,334 2024-04-21 No 4 M Direct
2,667 2025-04-01 No 4 M Direct
Footnotes
  1. Mr. Ramsey received 799 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock upon net share settlement of his partial exercise of 2,666 stock appreciation rights with a grant price of $35.60 per share and 1,333 stock appreciation rights with a grant price of $32.39 per share. Those partial exercises entitled Mr. Ramsey to receive 1,196 shares of the Corporation's Class C Non-Voting Common Stock, and 397 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.
  2. Includes 1,000 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 during an open trading window for key employees and directors of the Federal Agricultural Mortgage Corporation.
  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 $52.525 to $52.547, inclusive. The Reporting Person undertakes to provide to the Federal Agricultural Mortgage Corporation, any security holder of the Federal Agricultural Mortgage Corporation, 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.
  5. Exercisable beginning March 31, 2015 with respect to 1,333 shares, beginning March 31, 2016 with respect to 1,333 shares, and beginning March 31, 2017 with respect to 1,334 shares.
  6. Exercisable beginning March 31, 2016 with respect to 1,333 shares, beginning March 31, 2017 with respect to 1,333 shares, and beginning March 31, 2018 with respect to 1,334 shares.