Sec Form 4 Filing - Culver Chester J @ FEDERAL AGRICULTURAL MORTGAGE CORP - 2022-09-30

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Culver Chester J
2. Issuer Name and Ticker or Trading Symbol
FEDERAL AGRICULTURAL MORTGAGE CORP [ AGM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O FARMER MAC, 1999 K STREET NW, 4TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
09/30/2022
(Street)
WASHINGTON, DC20006
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class C Non-Voting Common Stock 09/30/2022 A 46( 1 ) A $ 99.14 3,037( 2 )( 3 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Culver Chester J
C/O FARMER MAC
1999 K STREET NW, 4TH FLOOR
WASHINGTON, DC20006
X
Signatures
Stephen P. Mullery, as attorney-in-fact for Chester J. Culver 10/04/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares 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 September 30, 2022, the last business day of the quarter, as reported by the New York Stock Exchange.
( 2 )Includes 477 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2023 if the Reporting Person remains a director of Farmer Mac on that date.
( 3 )The amount of securities beneficially owned following the reported transaction reported in Column 5 of Table I reflects the addition of 45 shares of Class C Non-Voting Common Stock compared to the amounts previously reported in the Form 3 filed by the Reporting Person on May 24, 2022 and in the Form 4s filed by the Reporting Person on May 25, 2022 and July 5, 2022. This corrects an error originally made in the referenced Form 3, which inadvertently transposed the number of securities owned in Column 2 of Table I and incorrectly reported ownership of 2,449 shares of Class C Non-Voting Stock rather than the correct holdings as of May 24, 2022, of 2,494 shares.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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