4//SEC Filing
Ramesh Aparna 4
Accession 0000845877-25-000173
CIK 0000845877other
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 4:12 PM ET
Size
19.0 KB
Accession
0000845877-25-000173
Insider Transaction Report
Form 4
Ramesh Aparna
EVP - Chief Financial Officer
Transactions
- Tax Payment
Class C Non-Voting Common Stock
2025-06-11$195.43/sh−223$43,581→ 11,833.809 total - Exercise/Conversion
Stock Appreciation Right
2025-06-11−1,496→ 748 totalExercise: $135.20Exp: 2033-03-09→ Class C Non-Voting Common Stock (1,496 underlying) - Exercise/Conversion
Class C Non-Voting Common Stock
2025-06-11$120.38/sh+876$105,453→ 11,263.809 total - Tax Payment
Class C Non-Voting Common Stock
2025-06-11$195.43/sh−163$31,855→ 11,100.809 total - Exercise/Conversion
Class C Non-Voting Common Stock
2025-06-11$135.20/sh+1,496$202,259→ 12,056.809 total - Exercise/Conversion
Stock Appreciation Right
2025-06-11−876→ 0 totalExercise: $120.38From: 2025-03-31Exp: 2032-03-09→ Class C Non-Voting Common Stock (876 underlying) - Disposition to Issuer
Class C Non-Voting Common Stock
2025-06-11$195.43/sh−540$105,532→ 10,560.809 total - Disposition to Issuer
Class C Non-Voting Common Stock
2025-06-11$195.43/sh−1,035$202,270→ 10,798.809 total
Footnotes (5)
- [F1]In connection with the net share settlement of the exercise of 876 vested stock appreciation rights ("SARs") granted in March 2022 with a grant price of $120.38 per share, Ms. Ramesh was entitled to receive 336 shares of Class C Non-Voting Common Stock of the Federal Agricultural Mortgage Corporation ("Farmer Mac"). Of these shares, Ms. Ramesh received 173 shares, and Farmer Mac retained 163 shares to satisfy tax withholding requirements arising from the exercise. The 540 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.
- [F2]Transaction effected during an open trading window for employees and directors of Farmer Mac.
- [F3]Includes 4,408 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Pan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.
- [F4]In connection with the net share settlement of the exercise of 1,496 vested SARs granted in March 2023 with a grant price of $135.20 per share, Ms. Ramesh was entitled to receive 461 shares of Class C Non-Voting Common Stock of Farmer Mac. Of these shares, Ms. Ramesh received 238 shares, and Farmer Mac retained 223 shares to satisfy tax withholding requirements arising from the exercise. The 1,035 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.
- [F5]Exercisable beginning March 31, 2024 with respect to 748 shares, beginning March 31, 2025 with respect to 748 shares, and beginning March 31, 2026 with respect to 748 shares.
Documents
Issuer
FEDERAL AGRICULTURAL MORTGAGE CORP
CIK 0000845877
Entity typeother
Related Parties
1- filerCIK 0001799715
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 4:12 PM ET
- Size
- 19.0 KB