4//SEC Filing
Covington John Curtis 4
Accession 0000845877-19-000057
CIK 0000845877other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 4:31 PM ET
Size
11.6 KB
Accession
0000845877-19-000057
Insider Transaction Report
Form 4
Covington John Curtis
SVP - Agricultural Finance
Transactions
- Award
Class C Non-Voting Common Stock
2019-02-27+2,079→ 15,180 total - Award
Class C Non-Voting Common Stock
2019-02-27+520→ 15,700 total - Award
Class C Non-Voting Common Stock
2019-02-27+520→ 16,220 total - Award
Stock Appreciation Right
2019-02-27+4,353→ 4,353 totalExercise: $82.76Exp: 2029-02-27→ Class C Non-Voting Common Stock (4,353 underlying)
Footnotes (6)
- [F1]Grant of shares of time-vested restricted stock under the Federal Agricultural Mortgage Corporation's ("Farmer Mac") 2008 Amended and Restated Omnibus Incentive Plan for no consideration. Includes three installments of 693 shares of restricted stock that will each vest on March 31, 2020, March 31, 2021, and March 31, 2022, respectively.
- [F2]Includes 9,708 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.
- [F3]Grant of shares of performance-based restricted stock under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan for no consideration. The shares will vest on March 31, 2022 if Farmer Mac maintains compliance with all applicable regulatory capital requirements between January 1, 2019 and December 31, 2021, 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 Amended and Restated 2008 Omnibus Incentive Plan for no consideration. The shares will vest on March 31, 2022 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, 2019 and ending on December 31, 2021.
- [F5]Exercisable beginning March 31, 2020 with respect to 1,451 shares, beginning March 31, 2021 with respect to 1,451 shares, and beginning March 31, 2022 with respect to 1,451 shares.
- [F6]Grant of stock appreciation rights under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan for no consideration.
Documents
Issuer
FEDERAL AGRICULTURAL MORTGAGE CORP
CIK 0000845877
Entity typeother
Related Parties
1- filerCIK 0001629451
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 4:31 PM ET
- Size
- 11.6 KB