0000845877-24-000108.txt : 20240402
0000845877-24-000108.hdr.sgml : 20240402
20240402164216
ACCESSION NUMBER: 0000845877-24-000108
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: Mullery Stephen P
CENTRAL INDEX KEY: 0001551864
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14951
FILM NUMBER: 24815017
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]
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_1712090523.xml
FORM 4
X0508
4
2024-03-31
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
2024-03-31
4
F
0
956
196.88
D
22045
D
On March 31, 2024, (i) 517 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 240 shares to satisfy withholding requirements, (ii) 805 performance-based restricted stock units vested that were granted in March 2021 (775 target units vesting at a 103.7754% performance factor), for which Farmer Mac retained 374 shares to satisfy withholding requirements, (iii) 373 restricted stock units vested as the second installment of the time-based award granted in March 2022, for which Farmer Mac retained 173 shares to satisfy withholding requirements, and (iv) 363 restricted stock units vested as the first installment of the time-based award granted in March 2023, for which Farmer Mac retained 169 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 3,417 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 30 more shares that vested on March 31, 2024 as a result of applying a 103.7754% performance factor to 775 target restricted stock units granted in March 2021.
Stephen P. Mullery
2024-04-02