Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AGM | Class C Non-Voting Common Stock | Tax liability | -$415K | -3.74K | -10.08% | $111.05 | 33.3K | Mar 31, 2022 | Direct | F1, F2, F3 |
Id | Content |
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F1 | On March 31, 2022, (i) 1,638 restricted stock units vested as the third installment of the time-based award granted in February 2019, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 792 shares to satisfy withholding requirements, (ii) 2,458 restricted stock units vested that were granted in February 2019, for which Farmer Mac retained 1,187 shares to satisfy withholding requirements, (iii) 1,573 restricted stock units vested as the second installment of the time-based award granted in March 2020, for which Farmer Mac retained 759 shares to satisfy withholding requirements, and (iv) 2,065 restricted stock units vested as the first installment of the time-based award granted in March 2021, for which Farmer Mac retained 998 shares to satisfy withholding requirements. |
F2 | In accordance with a policy adopted by the Compensation Committee of Farmer Mac's Board of Directors, the price used for the calculation of the number of shares withheld by Farmer Mac in satisfaction of tax liability is the closing price of Farmer Mac's Class C Non-Voting Common Stock on the New York Stock Exchange on the last trading day before the vesting date. |
F3 | Includes 17,257 unvested restricted stock units previously granted under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock units have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission. |