Robert J. Maines - Mar 31, 2022 Form 4 Insider Report for FEDERAL AGRICULTURAL MORTGAGE CORP (AGM)

Role
SVP - Operations
Signature
Stephen P. Mullery, as attorney-in-fact for Robert J. Maines
Stock symbol
AGM
Transactions as of
Mar 31, 2022
Transactions value $
-$11,105
Form type
4
Date filed
4/4/2022, 06:48 PM
Previous filing
Mar 11, 2022
Next filing
Mar 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGM Class C Non-Voting Common Stock Tax liability -$11.1K -100 -4% $111.05 2.4K Mar 31, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 31, 2022, 207 restricted stock units vested as the first installment of the time-based award granted in March 2021, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 100 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 2,293 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.