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Mullery Stephen P
EVP - General Counsel
Federal Agricultural Mortgage Corporation
US, Washington [HQ]
CIK
1551864
Data Source
We automatically created this profile. The information was aggregated based on earnings call transcripts, insider forms and DEF 14A statements.
Latest Information
Shares :
22,047
Price per Share :
$192.18
Equivalence :
$4,236,992.46
Transaction History
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S22,047 Shares After TransactionValue : $4,762,152.00Sold $116,856.00Transaction Date : 12/11/24
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Footnotes
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Footnotes:#1 Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").#2 Includes 3,417 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.
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S22,045 Shares After TransactionValue : $4,764,365.40Sold $432.24Transaction Date : 12/11/24
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Footnotes
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Footnotes:#1 Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").#2 Includes 3,417 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.
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S17,513 Shares After TransactionValue : $3,782,808.00Sold $978,912.00Transaction Date : 12/12/24
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Footnotes
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Footnotes:#1 Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").#2 Includes 3,417 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.
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F22,045 Shares After TransactionValue : $4,340,219.60$188,217.28Transaction Date : 03/31/24
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Footnotes
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Footnotes:#1 On March 31, 2024, (i) 517 restricted stock units vested as the third installment of the time-based award granted in March 2021, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 240 shares to satisfy withholding requirements, (ii) 805 performance-based restricted stock units vested that were granted in March 2021 (775 target units vesting at a 103.7754% performance factor), for which Farmer Mac retained 374 shares to satisfy withholding requirements, (iii) 373 restricted stock units vested as the second installment of the time-based award granted in March 2022, for which Farmer Mac retained 173 shares to satisfy withholding requirements, and (iv) 363 restricted stock units vested as the first installment of the time-based award granted in March 2023, for which Farmer Mac retained 169 shares to satisfy withholding requirements.#2 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.#3 Includes 3,417 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. The total amount of securities beneficially owned has been adjusted since the Reporting Person's last filing to reflect 30 more shares that vested on March 31, 2024 as a result of applying a 103.7754% performance factor to 775 target restricted stock units granted in March 2021.
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M27,655 Shares After TransactionValue : $895,745.45$181,707.90Transaction Date : 09/09/24
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Footnotes
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Footnotes:#1 In connection with the net share settlement of the exercise of 5,610 vested stock appreciation rights ("SARs") granted in April 2015 with a grant price of $32.39 per share, Mr. Mullery was entitled to receive 4,609 shares of Class C Non-Voting Common Stock of the Federal Agricultural Mortgage Corporation ("Farmer Mac"). Of these shares, Mr. Mullery received (and later sold) 2,472 shares, and Farmer Mac retained 2,137 shares to satisfy tax withholding requirements arising from the exercise. The 1,001 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.#2 Transaction effected during an open trading window for employees and directors of Farmer Mac.#3 Includes 3,417 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.