0000845877-24-000120.txt : 20240402 0000845877-24-000120.hdr.sgml : 20240402 20240402164634 ACCESSION NUMBER: 0000845877-24-000120 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240402 DATE AS OF CHANGE: 20240402 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Brinch Brian M CENTRAL INDEX KEY: 0001737498 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14951 FILM NUMBER: 24815093 MAIL ADDRESS: STREET 1: C/O FARMER MAC STREET 2: 1999 K STREET NW, FOURTH 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] ORGANIZATION NAME: 02 Finance 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_1712090785.xml FORM 4 X0508 4 2024-03-31 0 0000845877 FEDERAL AGRICULTURAL MORTGAGE CORP AGM 0001737498 Brinch Brian M C/O FARMER MAC 1999 K STREET N.W., 4TH FLOOR WASHINGTON DC 20006 0 1 0 0 SVP- Enterprise Risk Officer 0 Class C Non-Voting Common Stock 2024-03-31 4 F 0 487 196.88 D 8841 D On March 31, 2024, (i) 259 restricted stock units vested as the third installment of the time-based award granted in March 2021, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 126 shares to satisfy withholding requirements, (ii) 403 performance-based restricted stock units vested that were granted in March 2021 (388 target units vesting at a 103.7754% performance factor), for which Farmer Mac retained 195 shares to satisfy withholding requirements, (iii) 170 restricted stock units vested as the second installment of the time-based award granted in March 2022, for which Farmer Mac retained 83 shares to satisfy withholding requirements, and (iv) 170 restricted stock units vested as the first installment of the time-based award granted in March 2023, for which Farmer Mac retained 83 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 1,626 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 15 more shares that vested on March 31, 2024 as a result of applying a 103.7754% performance factor to 388 target restricted stock units granted in March 2021. Stephen P. Mullery, as attorney-in-fact for Brian M. Brinch 2024-04-02