Ramsey Gregory 4
4 · FEDERAL AGRICULTURAL MORTGAGE CORP · Filed Apr 16, 2019
Insider Transaction Report
Form 4
Ramsey Gregory
Principal Accounting Officer
Transactions
- Tax Payment
Class C Non-Voting Common Stock
2019-04-15$76.56/sh−301$23,045→ 2,134 total - Award
Class C Non-Voting Common Stock
2019-04-15+662→ 2,796 total
Footnotes (4)
- [F1]On April 15, 2019, 1,000 shares of restricted stock vested that were granted in April 2016, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 301 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 1,435 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.
- [F4]Grant of shares of time-vested restricted stock of Farmer Mac Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan for no consideration. All shares will "cliff" vest on April 15, 2022 if the reporting person is employed by Farmer Mac on that date.