FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
FEDERAL AGRICULTURAL MORTGAGE CORP [ AGM ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/05/2013 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Class C Non-Voting Common Stock | 02/05/2013 | M | 3,334(1) | A | $7.78 | 3,334 | D | |||
Class C Non-Voting Common Stock | 02/05/2013 | M | 1,667(1) | A | $10.43 | 5,001 | D | |||
Class C Non-Voting Common Stock | 02/05/2013 | F | 1,561(1) | D | $35.25 | 3,440 | D | |||
Class C Non-Voting Common Stock | 02/05/2013 | D | 1,228(1) | D | $35.25 | 2,212 | D | |||
Class C Non-Voting Common Stock | 02/06/2013 | S | 800(2) | D | $35.0593 | 1,412 | D | |||
Class C Non-Voting Common Stock | 02/07/2013 | S | 1,412(2) | D | $34.6889 | 0 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Appreciation Right | $7.78 | 02/05/2013 | M | 3,334 | (3) | 10/07/2019 | Class C Non-Voting Common Stock | 3,334 | $7.78 | 1,666 | D | ||||
Stock Appreciation Right | $10.43 | 02/05/2013 | M | 1,667 | (4) | 10/01/2020 | Class C Non-Voting Common Stock | 1,667 | $10.43 | 3,333 | D |
Explanation of Responses: |
1. Ms. Leibold received 2,212 shares of the Federal Agricultural Mortgage Corporation's Class C Non-Voting Common Stock upon net share settlement of her partial exercise of 3,334 stock appreciation rights with a grant price of $7.78 per share and her partial exercise of 1,667 stock appreciation rights with a grant price of $10.43 per share. Those partial exercises entitled Ms. Leibold to receive 3,773 shares of the Corporation's Class C Non-Voting Common Stock, and 1,561 shares were retained by the Corporation to satisfy tax withholding requirements arising from the exercises. 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 the shares on the exercise date over the grant price. |
2. Transaction effected pursuant to a trading plan adopted by Ms. Leibold in accordance with Rule 10b5-1. |
3. Exercisable beginning August 31, 2010 with respect to 1667 shares, beginning August 31, 2011 with respect to 1667 shares, and beginning August 31, 2012 with respect to 1666 shares. |
4. Exercisable beginning August 31, 2011 with respect to 1667 shares, beginning August 31, 2012 with respect to 1667 shares, and beginning August 31, 2013 with respect to 1666 shares. |
Remarks: |
Anjali Desai, as attorney-in-fact for Carla A. Leibold | 02/07/2013 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |