0000845877-15-000047.txt : 20150402 0000845877-15-000047.hdr.sgml : 20150402 20150402164832 ACCESSION NUMBER: 0000845877-15-000047 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150331 FILED AS OF DATE: 20150402 DATE AS OF CHANGE: 20150402 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mullery Stephen P CENTRAL INDEX KEY: 0001551864 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14951 FILM NUMBER: 15748389 MAIL ADDRESS: STREET 1: C/O FARMER MAC STREET 2: 1999 K STREET N.W., 4TH FLOOR CITY: WASHINGTON STATE: DC ZIP: 20006 4 1 wf-form4_142800770224373.xml FORM 4 X0306 4 2015-03-31 0 0000845877 FEDERAL AGRICULTURAL MORTGAGE CORP AGM 0001551864 Mullery Stephen P C/O FARMER MAC 1999 K STREET N.W., 4TH FLOOR WASHINGTON DC 20006 0 1 0 0 SVP - General Counsel Class C Non-Voting Common Stock 2015-03-31 4 F 0 963 27.97 D 8283 D Class C Non-Voting Common Stock 2015-04-01 4 A 0 3240 0 A 11523 D Class C Non-Voting Common Stock 2015-04-01 4 A 0 810 0 A 12333 D Class C Non-Voting Common Stock 2015-04-01 4 A 0 810 0 A 13143 D Stock Appreciation Right 32.39 2015-04-01 4 A 0 5610 0 A 2025-04-01 Class C Non-Voting Common Stock 5610.0 5610 D On March 31, 2015, (i) 828 shares of restricted stock vested as the second installment of the time-based award granted in April 2013, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 466 shares to satisfy withholding requirements and (ii) 990 shares of restricted stock vested as the first installment of the time-based award granted in April 2014, for which Farmer Mac retained 497 shares to satisfy withholding requirements. In accordance with a policy adopted by the Compensation Committee of Farmer Mac's Board of Directors, the price used for the calculation of the number of shares withheld by Farmer Mac in satisfaction of tax liability is the closing price of Farmer Mac's Class C Non-Voting Common Stock on the last trading day before the vesting date. Includes 6,792 shares of unvested restricted stock previously granted pursuant to Farmer Mac's 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission. Grant of shares of time-vested restricted stock under Farmer Mac's 2008 Omnibus Incentive Plan for no consideration. Includes three installments of 1,080 shares of restricted stock, each of which will vest on March 31, 2016, March 31, 2017, and March 31, 2018, respectively. Grant of shares of performance-based restricted stock under Farmer Mac's 2008 Omnibus Incentive Plan for no consideration. The shares will vest on March 31, 2018 if the Farmer Mac maintains compliance with all applicable regulatory capital requirements between January 2, 2015 and December 31, 2017, with the percentage of shares that will vest to be determined by the Compensation Committee of Farmer Mac's Board of Directors. Grant of shares of performance-based restricted stock under Farmer Mac's 2008 Omnibus Incentive Plan for no consideration. The shares will vest on March 31, 2018 if Farmer Mac meets certain performance objectives related to portfolio charge-offs and delinquencies, as specified in the related award agreement. Exercisable beginning March 31, 2016 with respect to 1,870 shares, beginning March 31, 2017 with respect to 1,870 shares, and beginning March 31, 2018 with respect to 1,870 shares. Grant of stock appreciation rights under Farmer Mac's 2008 Omnibus Incentive Plan for no consideration. Stephen P. Mullery 2015-04-02