SEC Form 4 · accession 0000845877-18-000147
FEDERAL AGRICULTURAL MORTGAGE CORP · AGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce J Sherrick
Director
Period of report
Jun 29, 2018
Accepted (ET)
Jul 2, 2018 · 4:23 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,F2 | Jun 29, 2018 | A | 10 | $89.48 | A | 10,739 | 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 the Federal Agricultural Mortgage Corporation's ("Farmer Mac") 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 June 29, 2018, the last business day of the quarter, as reported by the New York Stock Exchange.
- F2Includes 635 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.