Robert J. Maines - Apr 15, 2023 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
Apr 15, 2023
Transactions value $
-$41,805
Form type
4
Date filed
4/18/2023, 04:19 PM
Previous filing
Apr 4, 2023
Next filing
Dec 5, 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 -$41.8K -319 -10.45% $131.05 2.73K Apr 15, 2023 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 April 15, 2023, 957 restricted stock units vested under a time-based award granted in April 2020, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 319 shares to satisfy withholding requirements.
F2 In accordance with a policy adopted by the Human Capital and 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 1,811 unvested restricted stock units previously granted pursuant to 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.