Filing Details
- Accession Number:
- 0000845877-24-000257
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-11-14 16:50:11
- Reporting Period:
- 2024-11-12
- Accepted Time:
- 2024-11-14 16:50:11
- 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 |
---|---|---|---|---|---|---|---|
1799715 | Aparna Ramesh | C/O Farmer Mac 2100 Pennsylvania Ave., Nw, Suite 450N Washington DC 20037 | Evp - 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 | 2024-11-12 | 1,352 | $88.68 | 11,797 | No | 4 | M | Direct | |
Class C Non-Voting Common Stock | Disposition | 2024-11-12 | 380 | $212.11 | 11,417 | No | 4 | F | Direct | |
Class C Non-Voting Common Stock | Disposition | 2024-11-12 | 566 | $212.11 | 10,851 | No | 4 | D | Direct | |
Class C Non-Voting Common Stock | Acquisiton | 2024-11-12 | 1,752 | $120.38 | 12,603 | No | 4 | M | Direct | |
Class C Non-Voting Common Stock | Disposition | 2024-11-12 | 366 | $212.11 | 12,237 | No | 4 | F | Direct | |
Class C Non-Voting Common Stock | Disposition | 2024-11-12 | 995 | $212.11 | 11,242 | No | 4 | D | Direct | |
Class C Non-Voting Common Stock | Disposition | 2024-11-12 | 592 | $211.67 | 10,650 | No | 4 | S | Direct | |
Class C Non-Voting Common Stock | Disposition | 2024-11-12 | 408 | $212.02 | 10,242 | 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 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | D | Direct | |
No | 4 | S | 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 | 2024-11-12 | 1,352 | $0.00 | 1,352 | $88.68 |
Class C Non-Voting Common Stock | Stock Appreciation Right | Disposition | 2024-11-12 | 1,752 | $0.00 | 1,752 | $120.38 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2024-03-31 | 2031-03-02 | No | 4 | M | Direct |
876 | 2032-03-09 | No | 4 | M | Direct |
Footnotes
- In connection with the net share settlement of the exercise of 1,352 vested stock appreciation rights ("SARs") granted in March 2021 with a grant price of $88.68 per share, Ms. Ramesh was entitledto receive 786 shares of Class C Non-Voting Common Stock of the Federal Agricultural Mortgage Corporation ("Farmer Mac"). Of these shares, Ms. Ramesh received 406 shares, and Farmer Macretained 380 shares to satisfy tax withholding requirements arising from the exercise. The 566 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR 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 employees and directors of Farmer Mac.
- Includes 4,701 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person'sprior filings under Section 16 of the Securities Exchange Act of 1934.
- In connection with the net share settlement of the exercise of 1,752 vested SARs granted in March 2022 with a grant price of $120.38 per share, Ms. Ramesh was entitled to receive 757 shares of Class C Non-Voting Common Stock of Farmer Mac. Of these shares, Ms. Ramesh received 391 shares, and Farmer Mac retained 366 shares to satisfy tax withholding requirements arising from the exercise. The 995 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise.
- Exercisable beginning March 31, 2023 with respect to 876 shares, beginning March 31, 2024 with respect to 876 shares, and beginning March 31, 2025 with respect to 876 shares.