FEDERAL AGRICULTURAL MORTGAGE CORP 4
4 · FEDERAL AGRICULTURAL MORTGAGE CORP · Filed Apr 30, 2008
Insider Transaction Report
Form 4
EDELMAN HENRY D
President
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2008-04-28$20.61/sh−10,000$206,100→ 85,303 totalExercise: $20.61Exp: 2015-06-16→ Class C Non-Voting Common Stock (152,048 underlying) - Exercise/Conversion
Class C Non-Voting Common Stock
2008-04-28$20.61/sh+10,000$206,100→ 10,000 total - Sale
Class C Non-Voting Common Stock
2008-04-28$33.15/sh−10,000$331,463→ 0 total
Footnotes (3)
- [F1]This report reflects (on Table I) (i) the acquisition of 10,000 shares of Class C Non-Voting Common Stock through the partial exercise of a previously partially exercised employee stock option acquired in June 2005; and (ii) the sale of 10,000 shares of Class C Stock; and (on Table II) the partial closing of the June 2005 employee stock option. The exercise of the June 2005 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, 2006 with respect to 50,682 shares, commencing May 31, 2007 with respect to 50,683 shares and commencing May 31, 2008 with respect to 50,683 shares.