4//SEC Filing
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE 4
Accession 0001209191-06-053472
$FNMACIK 0000310522operating
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 4:13 PM ET
Size
7.7 KB
Accession
0001209191-06-053472
Insider Transaction Report
Form 4
Knight Linda
EVP - Enterp. Ops & Securities
Transactions
- Tax Payment
Common Stock
2006-10-02$55.14/sh−207$11,414→ 42,859.853 total
Holdings
- 1,233.855(indirect: By ESOP)
Common Stock
Footnotes (4)
- [F1]These shares were withheld by Fannie Mae for payment of tax liability upon the vesting of 600 shares.
- [F2]Under Fannie Mae's Performance Share Program, as a member of Fannie Mae's senior management, the reporting person has previously received awards that entitle the reporting person to receive shares of Fannie Mae common stock in an amount based upon and subject to Fannie Mae's meeting corporate performance objectives over three-year periods. Generally, Fannie Mae's Compensation Committee determines in January of the year following completion of the cycle the number of shares of common stock each awardee is entitled to receive, and the shares are paid out in two annual installments that January. (Footnote 2 is continued in 3 below.)
- [F3]For the three-year performance cycle completed in 2003, the reporting person was determined in January 2004 to be entitled to receive 8,595 shares, of which the reporting person received 4,297 shares in accordance with the program and the balance was scheduled to be received in January 2005. As previously announced, Fannie Mae's Board of Directors and Compensation Committee have determined to defer payment of unpaid performance shares for the performance cycle completed in 2003 until reliable financial data for the relevant period are available. As a result, 4,298 shares scheduled to be issued to the reporting person in January 2005 have not yet been issued. These shares are included in the reporting person's total holdings above.
- [F4]End of period holdings reflect ESOP allocations and acquisitions pursuant to a dividend reinvestment feature of the ESOP through August 25, 2006.
Documents
Issuer
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
CIK 0000310522
Entity typeoperating
Related Parties
1- filerCIK 0000310522
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 4:13 PM ET
- Size
- 7.7 KB