0000845877-17-000140.txt : 20170929 0000845877-17-000140.hdr.sgml : 20170929 20170929171125 ACCESSION NUMBER: 0000845877-17-000140 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170927 FILED AS OF DATE: 20170929 DATE AS OF CHANGE: 20170929 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: 171112289 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_150671947127871.xml FORM 4 X0306 4 2017-09-27 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 2017-09-27 4 M 0 19509 28.94 A 65799 D Class C Non-Voting Common Stock 2017-09-27 4 F 0 5704 74.77 D 60095 D Class C Non-Voting Common Stock 2017-09-27 4 D 0 7551 74.77 D 52544 D Class C Non-Voting Common Stock 2017-09-27 4 S 0 2450 74.85 D 50094 D Class C Non-Voting Common Stock 2017-09-28 4 S 0 4080 74.85 D 46014 D Class C Non-Voting Common Stock 2017-09-28 4 S 0 100 74.89 D 45914 D Class C Non-Voting Common Stock 2017-09-29 4 S 0 3030 72.7538 D 42884 D Class C Non-Voting Common Stock 2017-09-29 4 S 0 900 73.6417 D 41984 D Stock Appreciation Right 28.94 2017-09-27 4 M 0 19509 0 D 2009-05-31 2018-06-05 Class C Non-Voting Common Stock 19509.0 0 D In connection with the net share settlement of the exercise of 19,509 vested stock appreciation rights ("SARs") granted in June 2008 with a grant price of $28.94 per share, Mr. Buzby was entitled to receive 11,958 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Farmer Mac retained 5,704 shares to satisfy tax withholding requirements arising from the exercise, and 3,930 shares of the 6,254 shares retained by Mr. Buzby were sold on September 29, 2017. The 7,551 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. Transaction effected pursuant to a trading plan adopted by Mr. Buzby in accordance with Rule 10b5-1. Includes 28,815 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. 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 $72.40 to $73.32, 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. 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 $73.47 to $73.80, 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, 2009 with respect to 6,503 shares, beginning May 31, 2010 with respect to 6,503 shares, and beginning May 31, 2011 with respect to 6,503 shares. Christy M. Prendergast, as attorney-in-fact for Timothy L. Buzby 2017-09-29 EX-24 2 poa.htm POWER OF ATTORNEY FOR: ANJALI DESAI, AS ATTORNEY-IN-FACT FOR TIMOTHY L. BUZBY

LIMITED POWER OF ATTORNEY

I, Timothy L. Buzby, do hereby grant power of attorney to each of Stephen P. Mullery, Christy M. Prendergast, and Anjali Desai for the sole purpose of filing Forms 3, 4, or 5 to report my transactions in Farmer Mac securities with the Securities and Exchange Commission as required by Section 16(b) of the Securities Exchange Act of 1934 and with the Farm Credit Administration (FCA) as required by regulations issued by the FCA.  This Limited Power of Attorney will remain in effect until revoked in writing by me.


Dated: December 6, 2012


Signature: /s/ Timothy L. Buzby