DEBRIYN PAUL A 4
4 · FEDERAL AGRICULTURAL MORTGAGE CORP · Filed Jun 18, 2007
Insider Transaction Report
Form 4
DEBRIYN PAUL A
Director
Transactions
- Exercise/Conversion
Class C Non-Voting Common Stock
2007-06-18$22.40/sh+2,000$44,800→ 4,508 total - Sale
Class C Non-Voting Common Stock
2007-06-18$32.50/sh−4,000$130,000→ 2,508 total - Exercise/Conversion
Employee Stock Option (right to buy)
2007-06-18$22.40/sh−2,000$44,800→ 0 totalExercise: $22.40From: 2005-05-31Exp: 2008-06-05→ Class C Non-Voting Common Stock (6,000 underlying)
Footnotes (3)
- [F1]This report reflects (on Table I) (i) the acquisition of 2,000 shares of Class C Non-Voting Common Stock through the partial exercise of a previously partially exercised employee stock option acquired by the reporting person in June 2003 pursuant to former Rule 16b-3; (ii) the acquisition of 2,000 shares of Class C Non-Voting Common Stock through the partial exercise of a previously unexercised employee stock option acquired by the reporting person in June 2004 pursuant to former Rule 16b-3; and (iii) the sale of 4,000 shares of Class C Stock; and (on Table II) the closing of the June 2003 employee stock option and the partial closing of the June 2004 employee stock option. The exercises of the June 2003 and June 2004 employee stock options are exempt under Section 16(b) under Rule 16b-6, but are reported herein pursuant to Rule 16a-4.
- [F2]Transaction pursuant to plan under Rule 10b5-1.
- [F3]The option is exercisable commencing May 31, 2005 with respect to 2,000 shares, commencing May 31, 2006 with respect to 2,000 shares and commencing May 31, 2007 with respect to 2,000 shares.