4//SEC Filing
OSLICK JEROME G 4
Accession 0000845877-12-000109
CIK 0000845877other
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 5:26 PM ET
Size
12.5 KB
Accession
0000845877-12-000109
Insider Transaction Report
Form 4
OSLICK JEROME G
VP - General Counsel
Transactions
- Disposition to Issuer
Class C Non-Voting Common Stock
2012-06-12$25.47/sh−1,552$39,529→ 17,415 total - Sale
Class C Non-Voting Common Stock
2012-06-14$25.09/sh−3,404$85,397→ 12,300 total - Exercise/Conversion
Class C Non-Voting Common Stock
2012-06-12$5.93/sh+6,667$39,535→ 18,967 total - Tax Payment
Class C Non-Voting Common Stock
2012-06-12$25.47/sh−1,711$43,579→ 15,704 total - Exercise/Conversion
Stock Appreciation Right
2012-06-12−6,667→ 0 totalExercise: $5.93Exp: 2019-06-04→ Class C Non-Voting Common Stock (20,000 underlying)
Footnotes (4)
- [F1]Mr. Oslick received 3,404 shares of the Federal Agricultural Mortgage Corporation's Class C Non-Voting Common Stock upon net share settlement of his exercise of 6,667 stock appreciation rights with a grant price of $5.93 per share. That exercise entitled Mr. Oslick to receive 5,115 shares of the Corporation's Class C Non-Voting Common Stock, and 1,711 shares were retained by the Corporation to satisfy minimum tax withholding requirements arising from exercise. Each stock appreciation right represents the right to receive, upon exercise, the number of shares of the Corporation'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.
- [F2]Includes 6,000, 3,300, and 3,000 shares of restricted stock granted to Mr. Oslick pursuant to the Federal Agricultural Mortgage Corporation's 2008 Omnibus Incentive Plan that will vest on March 31, 2013, March 31, 2014, and March 31, 2015, respectively, if the Corporation meets certain performance objectives related to business volume and portfolio charge-offs and delinquencies, as specified in the related award agreement.
- [F3]Transaction effected pursuant to a trading plan adopted by Mr. Oslick in accordance with Rule 10b5-1.
- [F4]Stock appreciation right exercisable beginning May 31, 2010 with respect to 6,666 shares, beginning May 31, 2011 with respect to 6,666 shares and beginning May 31, 2012 with respect to 6,667 shares.
Documents
Issuer
FEDERAL AGRICULTURAL MORTGAGE CORP
CIK 0000845877
Entity typeother
Related Parties
1- filerCIK 0001250219
Filing Metadata
- Form type
- 4
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 5:26 PM ET
- Size
- 12.5 KB