0000845877-20-000067.txt : 20200305
0000845877-20-000067.hdr.sgml : 20200305
20200305202306
ACCESSION NUMBER: 0000845877-20-000067
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200303
FILED AS OF DATE: 20200305
DATE AS OF CHANGE: 20200305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NORDHOLM BRADFORD T
CENTRAL INDEX KEY: 0001391468
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14951
FILM NUMBER: 20692379
MAIL ADDRESS:
STREET 1: C/O FARMER MAC 1999 K STREET N.W.
STREET 2: 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]
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_158345776865189.xml
FORM 4
X0306
4
2020-03-03
0
0000845877
FEDERAL AGRICULTURAL MORTGAGE CORP
AGM
0001391468
NORDHOLM BRADFORD T
C/O FARMER MAC, 1999 K STREET NW
FOURTH FLOOR
WASHINGTON
DC
20006
0
1
0
0
President and CEO
Class C Non-Voting Common Stock
2020-03-03
4
A
0
1685
0
A
17635
D
Class C Non-Voting Common Stock
2020-03-03
4
A
0
4719
0
A
22354
D
Class C Non-Voting Common Stock
2020-03-03
4
A
0
2359
0
A
24713
D
Stock Appreciation Right
75.16
2020-03-03
4
A
0
12915
0
A
2030-03-03
Class C Non-Voting Common Stock
12915.0
12915
D
Grant of shares of time-vested restricted stock units of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan for no consideration. All shares will vest on March 31, 2021 if the reporting person is employed by Farmer Mac on that date.
Includes 10,950 shares of unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 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.
Grant of shares of time-vested restricted stock units under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan for no consideration. Includes three installments of 1,573 shares of restricted stock units, each of which will vest on March 31, 2021, March 31, 2021, and March 31, 2023, respectively.
This is the target amount of performance-based restricted stock units granted on March 03, 2020 under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan for no consideration, which will be available if certain criteria is met at the end of the performance cycle on December 31, 2022. The restricted stock units will vest on March 31, 2023 if Farmer Mac meets certain performance objectives related to business volume, as specified in the related award agreement, for the period starting on January 1, 2020 and ending on December 31, 2022, subject to "gatekeepers" related to compliance with regulatory capital requirements and specified asset quality metrics.
Any adjustments to the target award will be reported at the time of the actual determination of performance as compared to the applicable threshold. In no event, however, will the number of restricted stock units exceed 200% of the number of restricted stock units of the target award.
Exercisable beginning March 31, 2021 with respect to 4,305 shares, beginning March 31, 2022 with respect to 4,305 shares, and beginning March 31, 2023 with respect to 4,305 shares.
Grant of stock appreciation rights under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan for no consideration.
Stephen P. Mullery, as attorney-in-fact for Bradford T. Nordholm
2020-03-05