0000845877-13-000123.txt : 20130509
0000845877-13-000123.hdr.sgml : 20130509
20130509190827
ACCESSION NUMBER: 0000845877-13-000123
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130507
FILED AS OF DATE: 20130509
DATE AS OF CHANGE: 20130509
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BUZBY TIMOTHY L
CENTRAL INDEX KEY: 0001250221
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14951
FILM NUMBER: 13830635
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FEDERAL AGRICULTURAL MORTGAGE CORP
CENTRAL INDEX KEY: 0000845877
STANDARD INDUSTRIAL CLASSIFICATION: FEDERAL & FEDERALLY-SPONSORED CREDIT AGENCIES [6111]
IRS NUMBER: 521578738
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1999 K STREET NW,
STREET 2: 4TH FLOOR
CITY: WASHINGTON
STATE: DC
ZIP: 20006
BUSINESS PHONE: 2028727700
MAIL ADDRESS:
STREET 1: 1999 K STREET NW,
STREET 2: 4TH FLOOR
CITY: WASHINGTON
STATE: DC
ZIP: 20006
4
1
wf-form4_136814088301165.xml
FORM 4
X0306
4
2013-05-07
0
0000845877
FEDERAL AGRICULTURAL MORTGAGE CORP
AGM
0001250221
BUZBY TIMOTHY L
C/O FARMER MAC
1999 K STREET NW, 4TH FLOOR
WASHINGTON
DC
20006
0
1
0
0
President and CEO
Class C Non-Voting Common Stock
2013-05-07
4
M
0
1898
22.40
A
35872
D
Class C Non-Voting Common Stock
2013-05-07
4
S
0
1898
32
D
33974
D
Stock Option
22.4
2013-05-07
4
M
0
1898
32
D
2005-05-31
2013-06-05
Class C Non-Voting Common Stock
1898.0
12125
D
This report reflects (on Table I) (i) the acquisition of 1,898 shares of Class C Non-Voting Common Stock through the partial exercise of a stock option acquired by the reporting person in June 2003 pursuant to former Rule 16b-3; (ii) the sale of 1,898 shares of Class C Non-Voting Common Stock; and (iii) (on Table II) the exercise of the June 2003 employee stock option. The partial exercise of the June 2003 employee stock option is exempt under Section 16(b) under Rule 16b-6 but is reported herein pursuant to Rule 16a-4.
Includes restricted stock granted pursuant to Farmer Mac's 2008 Omnibus Incentive Plan as follows: (i) 5,000 and 4,500 shares that will vest on March 31, 2014, and March 31, 2015, respectively, if Farmer Mac meets performance objectives related to business volume and portfolio charge-offs and delinquencies, (ii) 9,382 shares, up to 50 percent of which will vest on March 31, 2016 if Farmer Mac has maintained compliance will all regulatory capital requirements through December 31, 2015, and 50 percent of which will vest on March 31, 2016 if Farmer Mac meets certain performance objectives related to business volume and portfolio charge-offs and delinquencies, and (iii) 9,382 shares that will vest in equal installments on March 31, 2014, March 31, 2015, and March 31, 2016 so long as Mr. Buzby remains employed by Farmer Mac other than removal for death, disability, or retirement.
Transaction effected pursuant to a trading plan adopted by Mr. Buzby in accordance with Rule 10b5-1.
Exercisable beginning June 5, 2003 with respect to 7,012 shares, beginning May 31, 2004 with respect to 7,012 shares and beginning May 31, 2005 with respect to 7,011 shares.
Christy M. Prendergast, as attorney-in-fact for Timothy L. Buzby
2013-05-09