Filing Details
- Accession Number:
- 0000845877-13-000181
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2013-08-27 16:53:42
- Reporting Period:
- 2013-08-22
- Filing Date:
- 2013-08-27
- Accepted Time:
- 2013-08-27 16:53:42
- Original Submission Date:
- 2013-08-26
- 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 |
---|---|---|---|---|---|---|---|
1250225 | D Tom Stenson | C/O Farmer Mac 1999 K Street Nw, 4Th Floor Washington DC 20006 | Chief Operating 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 | 2013-08-22 | 12,500 | $12.20 | 49,990 | No | 4 | M | Direct | |
Class C Non-Voting Common Stock | Disposition | 2013-08-22 | 3,734 | $34.64 | 46,256 | No | 4 | F | Direct | |
Class C Non-Voting Common Stock | Disposition | 2013-08-22 | 4,402 | $34.64 | 41,854 | No | 4 | D | Direct | |
Class C Non-Voting Common Stock | Disposition | 2013-08-23 | 1,000 | $34.52 | 40,854 | No | 4 | S | Direct | |
Class C Non-Voting Common Stock | Disposition | 2013-08-23 | 3,364 | $35.10 | 37,490 | No | 4 | S | Direct | |
Class C Non-Voting Common Stock | Acquisiton | 2013-08-23 | 12,500 | $12.20 | 49,990 | No | 4 | M | Direct | |
Class C Non-Voting Common Stock | Disposition | 2013-08-23 | 3,791 | $35.65 | 46,199 | No | 4 | F | Direct | |
Class C Non-Voting Common Stock | Disposition | 2013-08-23 | 4,277 | $35.65 | 41,922 | No | 4 | D | Direct | |
Class C Non-Voting Common Stock | Disposition | 2013-08-26 | 2,921 | $35.66 | 39,001 | 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 | |
No | 4 | S | 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 | 2013-08-22 | 12,500 | $12.20 | 12,500 | $12.20 |
Class C Non-Voting Common Stock | Stock Appreciation Right | Disposition | 2013-08-23 | 12,500 | $12.20 | 12,500 | $12.20 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
12,500 | 2020-04-01 | No | 4 | M | Direct | |
0 | 2020-04-01 | No | 4 | M | Direct |
Footnotes
- Mr. Stenson received 4,364 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 12,500 stock appreciation rights with a grant price of $12.20 per share. That partial exercise entitled Mr. Stenson to receive 8,098 shares of Farmer Mac's Class C Non-Voting Common Stock, and 3,734 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 during an open trading window for key employees of Farmer Mac.
- 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 $34.45 to $34.55, 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.
- 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 $34.59 to $35.56, 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. Stenson received 4,432 shares of Farmer Mac's Class C Non-Voting Common Stock upon net share settlement of his partial exercise of 12,500 stock appreciation rights with a grant price of $12.20 per share. That partial exercise entitled Mr. Stenson to receive 8,223 shares of Farmer Mac's Class C Non-Voting Common Stock, and 3,791 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 $35.50 to $35.965, 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 March 31, 2011 with respect to 15,000 shares, beginning March 31, 2012 with respect to 15,000 shares, and beginning March 31, 2013 with respect to 15,000 shares.
- This amendment to new transaction on Form 4 (Form 4/A) is being filed to correct a typographical error in this field which was incorrectly described on the initial form filed by the reporting person.