4//SEC Filing
Lynch Robert Dale 4
Accession 0000845877-18-000071
CIK 0000845877other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 4:47 PM ET
Size
6.4 KB
Accession
0000845877-18-000071
Insider Transaction Report
Form 4
Lynch Robert Dale
SVP - Chief Financial Officer
Transactions
- Tax Payment
Class C Non-Voting Common Stock
2018-03-31$87.02/sh−3,349$291,430→ 23,049 total
Footnotes (3)
- [F1]On March 31, 2018, (i) 2,730 shares of restricted stock vested that were granted in April 2015, upon the Federal Agricultural Mortgage Corporation's ("Farmer Mac") achievement of certain performance objectives related to portfolio charge-offs and delinquencies, as specified in the related award agreement, for which Farmer Mac retained 1,232 shares to satisfy withholding requirements, (ii) 1,830 shares of restricted stock vested as the third installment of the time-based award granted in April 2015, for which Farmer Mac retained 826 shares to satisfy withholding requirements, (iii) 1,843 shares of restricted stock vested as the second installment of the time-based award granted in March 2016, for which Farmer Mac retained 832 shares to satisfy withholding requirements, and (iv) 1,017 shares of restricted stock vested as the first installment of the time-based award granted in March 2017, for which Farmer Mac retained 459 shares to satisfy withholding requirements.
- [F2]In accordance with a policy adopted by the 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.
- [F3]Includes 11,510 shares of unvested restricted stock 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.
Documents
Issuer
FEDERAL AGRICULTURAL MORTGAGE CORP
CIK 0000845877
Entity typeother
Related Parties
1- filerCIK 0001465169
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 4:47 PM ET
- Size
- 6.4 KB