0000845877-23-000095.txt : 20230404 0000845877-23-000095.hdr.sgml : 20230404 20230404164742 ACCESSION NUMBER: 0000845877-23-000095 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230404 DATE AS OF CHANGE: 20230404 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: 23798668 MAIL ADDRESS: STREET 1: C/O FARMER MAC STREET 2: 1999 K STREET N.W., 4TH FLOOR CITY: WASHINGTON STATE: DC ZIP: 20006 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_168064124523654.xml FORM 4 X0407 4 2023-03-31 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 EVP - General Counsel 0 Class C Non-Voting Common Stock 2023-03-31 4 F 0 1123 130.46 D 21756 D On March 31, 2023, (i) 540 restricted stock units vested as the third installment of the time-based award granted in March 2020, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 261 shares to satisfy withholding requirements, (ii) 892 performance-based restricted stock units vested that were granted in March 2020 (809 target units vesting at a 110.1884% performance factor), for which Farmer Mac retained 431 shares to satisfy withholding requirements, (iii) 517 restricted stock units vested as the second installment of the time-based award granted in March 2021, for which Farmer Mac retained 250 shares to satisfy withholding requirements, and (iv) 373 restricted stock units vested as the first installment of the time-based award granted in March 2022, for which Farmer Mac retained 181 shares to satisfy withholding requirements. In accordance with a policy adopted by the Human Capital and 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 New York Stock Exchange on the last trading day before the vesting date. Includes 4,230 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock units have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission. The total amount of securities beneficially owned has been adjusted since the Reporting Person's last filing to reflect 83 more shares that vested on March 31, 2023 as a result of applying a 110.1884% performance factor to 809 target restricted stock units granted in March 2020. Stephen P. Mullery 2023-04-04