4//SEC Filing
Brinch Brian M 4
Accession 0000845877-24-000256
CIK 0000845877other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 4:49 PM ET
Size
12.8 KB
Accession
0000845877-24-000256
Insider Transaction Report
Form 4
Brinch Brian M
EVP - Chief Risk Officer
Transactions
- Exercise/Conversion
Class C Non-Voting Common Stock
2024-11-12$88.68/sh+1,560$138,341→ 10,401 total - Tax Payment
Class C Non-Voting Common Stock
2024-11-12$212.11/sh−314$66,603→ 10,087 total - Disposition to Issuer
Class C Non-Voting Common Stock
2024-11-12$212.11/sh−653$138,508→ 9,434 total - Sale
Class C Non-Voting Common Stock
2024-11-13$210.00/sh−593$124,530→ 8,841 total - Exercise/Conversion
Stock Appreciation Right
2024-11-12−1,560→ 0 totalExercise: $88.68From: 2024-03-31Exp: 2031-03-02→ Class C Non-Voting Common Stock (1,560 underlying)
Footnotes (3)
- [F1]In connection with the net share settlement of the exercise of 1,560 vested stock appreciation rights ("SARs") granted in March 2021 with a grant price of $88.68 per share, Mr. Brinch was entitled to receive 907 shares of Class C Non-Voting Common Stock of the Federal Agricultural Mortgage Corporation ("Farmer Mac"). Of these shares, Mr. Brinch received 593 shares, and Farmer Mac retained 314 shares to satisfy tax withholding requirements arising from the exercise. The 653 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac'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]Transaction effected during an open trading window for employees and directors of Farmer Mac.
- [F3]Includes 1,626 unvested restricted stock units previously granted under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.
Documents
Issuer
FEDERAL AGRICULTURAL MORTGAGE CORP
CIK 0000845877
Entity typeother
Related Parties
1- filerCIK 0001737498
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 4:49 PM ET
- Size
- 12.8 KB