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
  1. 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.
  2. Transaction effected during an open trading window for employees and directors of Farmer Mac.
  3. 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.
  4. 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.
  5. 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.