SEC Form 4 · accession 0000845877-15-000064
FEDERAL AGRICULTURAL MORTGAGE CORP · AGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chester J Culver
Director
Period of report
Mar 31, 2015
Accepted (ET)
Apr 2, 2015 · 5:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000845877
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class C Non-Voting Common StockF1 | Mar 31, 2015 | A | 33 | $28.19 | A | 4,785 | D | |
| Class C Non-Voting Common StockF2 | Apr 1, 2015 | A | 1,544 | $0.00 | A | 6,329 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on March 31, 2015, the last business day of the quarter, as reported by the New York Stock Exchange.
- F2Grant of shares of restricted stock under the Federal Agricultural Mortgage Corporation's ("Farmer Mac") 2008 Omnibus Incentive Plan for no consideration. All of the shares of restricted stock will vest on March 31, 2016 if the Reporting Person remains a director of Farmer Mac on that date.