0000845877-24-000214.txt : 20240910
0000845877-24-000214.hdr.sgml : 20240910
20240910164433
ACCESSION NUMBER: 0000845877-24-000214
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240909
FILED AS OF DATE: 20240910
DATE AS OF CHANGE: 20240910
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: 241290555
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: 2100 PENNSYLVANIA AVE NW
STREET 2: SUITE 450N
CITY: WASHINGTON
STATE: DC
ZIP: 20037
BUSINESS PHONE: 2028727700
MAIL ADDRESS:
STREET 1: 2100 PENNSYLVANIA AVE NW
STREET 2: SUITE 450N
CITY: WASHINGTON
STATE: DC
ZIP: 20037
4
1
wk-form4_1726001066.xml
FORM 4
X0508
4
2024-09-09
0
0000845877
FEDERAL AGRICULTURAL MORTGAGE CORP
AGM
0001551864
Mullery Stephen P
C/O FARMER MAC
2100 PENNSYLVANIA AVE., NW, SUITE 450N
WASHINGTON
DC
20037
0
1
0
0
EVP - General Counsel
0
Class C Non-Voting Common Stock
2024-09-09
4
M
0
5610
32.39
A
27655
D
Class C Non-Voting Common Stock
2024-09-09
4
F
0
2137
181.63
D
25518
D
Class C Non-Voting Common Stock
2024-09-09
4
D
0
1001
181.63
D
24517
D
Class C Non-Voting Common Stock
2024-09-10
4
S
0
2472
182.281
D
22045
D
Stock Appreciation Right
32.39
2024-09-09
4
M
0
5610
0
D
2018-03-31
2025-04-01
Class C Non-Voting Common Stock
5610
0
D
In connection with the net share settlement of the exercise of 5,610 vested stock appreciation rights ("SARs") granted in April 2015 with a grant price of $32.39 per share, Mr. Mullery was entitled to receive 4,609 shares of Class C Non-Voting Common Stock of the Federal Agricultural Mortgage Corporation ("Farmer Mac"). Of these shares, Mr. Mullery received (and later sold) 2,472 shares, and Farmer Mac retained 2,137 shares to satisfy tax withholding requirements arising from the exercise. The 1,001 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 3,417 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.
The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $182.2775 to $182.7050, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information about the number of shares sold at each separate price within the range set forth in this footnote
Stephen P. Mullery
2024-09-10