CORTESE RALPH W BUDDY 4
4 · FEDERAL AGRICULTURAL MORTGAGE CORP · Filed Jun 18, 2007
Insider Transaction Report
Form 4
CORTESE RALPH W BUDDY
Director
Transactions
- Sale
Class C Non-Voting Common Stock
2007-06-15$32.00/sh−6,000$192,000→ 713 total - Exercise/Conversion
Class C Non-Voting Common Stock
2007-06-15$22.11/sh+6,000$132,660→ 6,713 total - Exercise/Conversion
Stock Option (right to buy)
2007-06-15$22.11/sh−6,000$132,660→ 0 totalExercise: $22.11From: 2007-05-31Exp: 2009-06-03→ Class C Non-Voting Common Stock (6,000 underlying)
Footnotes (2)
- [F1]This report reflects (on Table I) (i) the acquisition of 6,000 shares of Class C Non-Voting Common Stock through the exercise of a previously unexercised employee stock option acquired by the reporting person in June 2004 pursuant to former Rule 16b-3; and (ii) the sale of 6,000 shares of Class C Stock; and (on Table II) the closing of the June 2004 employee stock option as a result of the reported option exercise. The exercise of the June 2004 employee stock option is exempt under Section 16(b) under Rule 16b-6, but is reported herein pursuant to Rule 16a-4.
- [F2]Transaction pursuant to plan under Rule 10b5-1.