4//SEC Filing
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE 4
Accession 0001209191-05-027984
$FNMACIK 0000310522operating
Filed
May 23, 8:00 PM ET
Accepted
May 24, 5:00 PM ET
Size
7.5 KB
Accession
0001209191-05-027984
Insider Transaction Report
Form 4
Lund Thomas A
EVP - Single Family Mortgage
Transactions
- Tax Payment
Common Stock
2005-05-22$56.93/sh−207$11,785→ 28,685 total
Holdings
- 633.301(indirect: By ESOP)
Common Stock
Footnotes (3)
- [F1]Under Fannie Mae's Performance Share Program, as a member of Fannie Mae's senior management, the reporting person has received annual awards entitling the reporting person to receive shares of Fannie Mae common stock in amounts based upon and subject to Fannie Mae's meeting corporate performance objectives over three-year periods. Generally, Fannie Mae's Compensation Committee determines in January of the year following completion of the cycle the number of shares of common stock each awardee is entitled to receive, and the shares are paid out to current executives in two annual installments. (Footnote 1 is continued in 2 below.)
- [F2]For the performance cycle completed in 2003, the reporting person was determined in January 2004 to be entitled to receive 6,930 shares, of which the reporting person received 3,465 shares in January 2004 and the balance was scheduled to be received in January 2005. As previously announced, Fannie Mae's Board of Directors and Compensation Committee have determined to defer payment of unpaid performance shares for the performance cycle completed in 2003 until reliable financial data for the relevant period are available. As a result, the 3,465 shares scheduled to be issued to the reporting person in January 2005 have not yet been issued. These shares are included in the reporting person's total holdings above.
- [F3]End of period holdings include shares acquired from the reinvestment of dividends in Issuer's ESOP through February 25, 2005.
Documents
Issuer
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
CIK 0000310522
Entity typeoperating
Related Parties
1- filerCIK 0000310522
Filing Metadata
- Form type
- 4
- Filed
- May 23, 8:00 PM ET
- Accepted
- May 24, 5:00 PM ET
- Size
- 7.5 KB