Filing Details

Accession Number:
0001144204-11-040032
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-11 18:20:39
Reporting Period:
2011-07-07
Filing Date:
2011-07-11
Accepted Time:
2011-07-11 18:20:39
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
1133 21St Street, Nw. Suite 600
Washington DC US 20036
Chief Financial 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 2011-07-07 13,333 $5.93 48,333 No 4 M Direct
Class C Non-Voting Common Stock Disposition 2011-07-07 3,506 $22.50 44,827 No 4 D Direct
Class C Non-Voting Common Stock Disposition 2011-07-07 3,165 $22.50 41,662 No 4 F Direct
Class C Non-Voting Common Stock Disposition 2011-07-08 6,662 $21.31 35,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 D Direct
No 4 F 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 2011-07-07 13,333 $0.00 13,333 $5.93
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
26,667 2019-06-04 No 4 M Direct
Footnotes
  1. Mr. Buzby received 6,662 shares of the Federal Agricultural Mortgage Corporation's Class C Non-Voting Common Stock upon net share settlement of his exercise of 13,333 stock appreciation rights with a grant price of $5.93 per share. That exercise entitled Mr. Buzby to receive 9,827 shares of the Corporation's Class C Non-Voting Common Stock, and 3,165 shares were retained by the Corporation to satisfy minimum tax withholding requirements arising from exercise. Each stock appreciation right represents the right to receive, upon exercise, the number of shares of the Corporation'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 20,000, 10,000 and 5,000 shares of restricted stock granted pursuant to the Federal Agricultural Mortgage Corporation's 2008 Omnibus Incentive Plan that will vest on March 31, 2012, March 31, 2013 and March 31, 2014, respectively, if the Corporation meets certain performance objectives related to business volume and portfolio charge-offs and delinquencies, as specified in the related award agreement.
  3. Transaction effected pursuant to a trading plan adopted by Mr. Buzby in accordance with Rule 10b5-1.
  4. Stock appreciation right 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.