FEDERAL AGRICULTURAL MORTGAGE CORP 4
4 · FEDERAL AGRICULTURAL MORTGAGE CORP · Filed Jun 27, 2007
Insider Transaction Report
Form 4
DEBRIYN PAUL A
Director
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2007-06-25$26.36/sh−2,000$52,720→ 4,000 totalExercise: $26.36Exp: 2011-06-01→ Class C Non-Voting Common Stock (6,000 underlying) - Exercise/Conversion
Class C Non-Voting Common Stock
2007-06-25$26.36/sh+2,000$52,720→ 4,508 total - Sale
Class C Non-Voting Common Stock
2007-06-25$36.40/sh−2,000$72,800→ 2,508 total
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 unexercised employee stock option acquired by the reporting person in June 2006 pursuant to former Rule 16b-3; and (ii) the sale of 2,000 shares of Class C Stock; and (on Table II) the partial closing of the June 2006 employee stock option. The exercise of the June 2006 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.
- [F3]The option is exercisable commencing May 31, 2007 with respect to 2,000 shares, commencing May 31, 2008 with respect to 2,000 shares and commencing May 31, 2009 with respect to 2,000 shares.