Accession Number: | 0000845877-22-000094 |
Date: | 2022-03-31 |
Issuer: | FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) |
Original Submission Date: |
MULLERY STEPHEN P
C/O FARMER MAC
1999 K STREET N.W., 4TH FLOOR
WASHINGTON, DC 20006
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS C NON-VOTING COMMON STOCK | 2022-03-31 | F | 1,147 | d | $111.05 | 19,057 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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f1 | on march 31, 2022, (i) 527 restricted stock units vested as the third installment of the time-based award granted in february 2019, for which the federal agricultural mortgage corporation ("farmer mac") retained 255 shares to satisfy withholding requirements, (ii) 790 restricted stock units vested once as a performance-based award granted in february 2019, for which farmer mac retained 382 shares to satisfy withholding requirements, (iii) 540 restricted stock units vested as the second installment of the time-based award granted in march 2020, for which farmer mac retained 260 shares to satisfy withholding requirements, and (iv) 517 restricted stock units vested as the first installment of the time-based award granted in march 2021, for which the farmer mac retained 250 shares to satisfy withholding requirements. |
f2 | in accordance with a policy adopted by the 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. |
f3 | includes 4,836 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. |