0000845877-23-000213.txt : 20231115
0000845877-23-000213.hdr.sgml : 20231115
20231115163315
ACCESSION NUMBER: 0000845877-23-000213
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231114
FILED AS OF DATE: 20231115
DATE AS OF CHANGE: 20231115
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ramesh Aparna
CENTRAL INDEX KEY: 0001799715
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14951
FILM NUMBER: 231411057
MAIL ADDRESS:
STREET 1: C/O FARMER MAC 1999 K STREET N.W.
STREET 2: FOURTH FL.
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
wk-form4_1700083955.xml
FORM 4
X0508
4
2023-11-14
0
0000845877
FEDERAL AGRICULTURAL MORTGAGE CORP
AGM
0001799715
Ramesh Aparna
C/O FARMER MAC, 1999 K STREET NW
FOURTH FLOOR
WASHINGTON
DC
20006
0
1
0
0
EVP - Chief Financial Officer
0
Class C Non-Voting Common Stock
2023-11-14
4
M
0
2704
88.68
A
11932.8087
D
Class C Non-Voting Common Stock
2023-11-14
4
F
0
608
165.78
D
11324.8087
D
Class C Non-Voting Common Stock
2023-11-14
4
D
0
1447
165.78
D
9877.8087
D
Stock Appreciation Right
88.68
2023-11-14
4
M
0
2704
0
D
2031-03-02
Class C Non-Voting Common Stock
2704
1352
D
In connection with the net share settlement of the exercise of 2,704 vested stock appreciation rights ("SARs") granted in March 2021 with the grant price of $88.68 per share, Ms. Ramesh was entitled to receive 1,257 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Ms. Ramesh retained 649 shares, and Farmer Mac retained 608 shares to satisfy tax withholding requirements arising from the exercise. The 1,447 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 during an open trading window for employees and directors of Farmer Mac.
Includes 5,515 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.
Exercisable beginning March 31, 2022 with respect to 1,352 shares, beginning March 31, 2023 with respect to 1,352 shares, and beginning March 31, 2024 with respect to 1,352 shares.
Stephen P. Mullery, as attorney-in-fact for Aparna Ramesh
2023-11-15