FEDERAL AGRICULTURAL MORTGAGE CORP 4
4 · FEDERAL AGRICULTURAL MORTGAGE CORP · Filed Mar 16, 2017
Insider Transaction Report
Form 4
BUZBY TIMOTHY L
Vice President - CFO
Transactions
- Award
Class C Non-Voting Common Stock
2017-03-14+5,649→ 50,371 total - Award
Class C Non-Voting Common Stock
2017-03-14+1,412→ 51,783 total - Award
Class C Non-Voting Common Stock
2017-03-14+1,412→ 53,195 total - Award
Stock Appreciation Right
2017-03-14+10,662→ 10,662 totalExercise: $60.84Exp: 2027-03-14→ Class C Non-Voting Common Stock (10,662 underlying)
Footnotes (6)
- [F1]Grant of shares of time-vested restricted stock under the Federal Agricultural Mortgage Corporation's ("Farmer Mac") 2008 Omnibus Incentive Plan for no consideration. Includes three installments of 1,883 shares of restricted stock that will vest on March 31, 2018, March 31, 2019, and March 31, 2020, respectively.
- [F2]Includes 34,814 shares of unvested restricted stock previously granted pursuant to Farmer Mac's 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.
- [F3]Grant of shares of performance-based restricted stock under Farmer Mac's 2008 Omnibus Incentive Plan for no consideration. The shares will vest on March 31, 2020 if the Farmer Mac maintains compliance with all applicable regulatory capital requirements between January 1, 2017 and December 31, 2019, with the percentage of shares that will vest to be determined by the Compensation Committee of Farmer Mac's Board of Directors.
- [F4]Grant of shares of performance-based restricted stock under Farmer Mac's 2008 Omnibus Incentive Plan for no consideration. The shares will vest on March 31, 2020 if Farmer Mac meets certain performance objectives related to portfolio charge-offs and delinquencies, as specified in the related award agreement, for the period starting on January 1, 2017 and ending on December 31, 2019.
- [F5]Exercisable beginning March 31, 2018 with respect to 3,554 shares, beginning March 31, 2019 with respect to 3,554 shares, and beginning March 31, 2020 with respect to 3,554 shares.
- [F6]Grant of stock appreciation rights under Farmer Mac's 2008 Omnibus Incentive Plan for no consideration.