0000845877-15-000100.txt : 20150515
0000845877-15-000100.hdr.sgml : 20150515
20150515165318
ACCESSION NUMBER: 0000845877-15-000100
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150513
FILED AS OF DATE: 20150515
DATE AS OF CHANGE: 20150515
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: BUZBY TIMOTHY L
CENTRAL INDEX KEY: 0001250221
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14951
FILM NUMBER: 15870493
4
1
wf-form4_143172318755109.xml
FORM 4
X0306
4
2015-05-13
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
2015-05-13
4
M
0
13334
5.93
A
66008
D
Class C Non-Voting Common Stock
2015-05-13
4
F
0
5218
33.01
D
60790
D
Class C Non-Voting Common Stock
2015-05-13
4
D
0
2395
33.01
D
58395
D
Class C Non-Voting Common Stock
2015-05-13
4
S
0
5721
32.9039
D
52674
D
Stock Appreciation Right
5.93
2015-05-13
4
M
0
13334
5.93
D
2019-06-04
Class C Non-Voting Common Stock
13334.0
0
D
Mr. Buzby received 5,721 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock upon net share settlement of his partial exercise of 13,334 stock appreciation rights with a grant price of $5.93 per share. That partial exercise entitled Mr. Buzby to receive 10,939 shares of the Corporation's Class C Non-Voting Common Stock, and 5,218 shares were retained by Farmer Mac to satisfy tax withholding requirements arising from the exercise. Each stock appreciation right 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.
Includes 38,410 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.
Transaction effected pursuant to a trading plan adopted by Mr. Buzby in accordance with Rule 10b5-1.
The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $32.78 to $33.01, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to Form 4.
Exercisable beginning May 31, 2010 with respect to 13,333 shares, beginning May 31, 2011 with respect to 13,333 shares, and beginning May 31, 2012 with respect to 13,334 shares.
Anjali Desai, as attorney-in-fact for Timothy L. Buzby
2015-05-15