4//SEC Filing
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE 4
Accession 0001209191-07-011950
$FNMACIK 0000310522operating
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:53 PM ET
Size
9.0 KB
Accession
0001209191-07-011950
Insider Transaction Report
Form 4
Senhauser William B
SVP, Chief Compliance Officer
Transactions
- Disposition to Issuer
Common Stock
2007-02-15−2,865→ 25,921 total(indirect: By Spouse)
Holdings
- 21,781
Common Stock
- 311.103(indirect: By ESOP)
Common Stock
- 618.368(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]End of period holdings reflect ESOP allocations and acquisitions pursuant to a dividend reinvestment feature of the ESOP through December 29, 2006.
- [F2]Under Fannie Mae's Performance Share Program, as a member of Fannie Mae's senior management, the reporting person's spouse previously received awards entitling her to receive shares of Fannie Mae common stock in an amount based upon and subject to Fannie Mae's meeting corporate performance objectives over three-year periods. For the three-year performance cycle completed in 2003, she was determined in January 2004 to be entitled to receive shares, half of which she received in January 2004 in accordance with the program. The remaining shares were scheduled to be issued in January 2005; however, as previously announced, Fannie Mae's Board of Directors and Compensation Committee deferred payment of unpaid performance shares for that cycle. On February 15, 2007, Fannie Mae?s Board of Directors determined that these unpaid performance shares would not be paid. (Footnote 2 is continued in 3 below.)
- [F3]The reported transaction reflects the Board?s determination. On February 15, 2007, Fannie Mae?s Board also determined that no shares would be paid for the three-year performance cycle completed in 2004. Because the reporting person's spouse had not been determined to be entitled to receive shares of common stock for that cycle, shares relating to that performance cycle have not been reported on a Form 4 and this report does not reflect any disposition of shares related to that performance cycle.
Documents
Issuer
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
CIK 0000310522
Entity typeoperating
Related Parties
1- filerCIK 0000310522
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:53 PM ET
- Size
- 9.0 KB