−Removed: Unregistered Sales of Equity Securities and Use of Proceeds
+Added: Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
(a) Farmer Mac is a federally chartered instrumentality of the United States whose debt and equity
securities are exempt from registration under Section 3(a)(2) of the Securities Act of 1933.
−Removed: During second
quarter 2023, the following transactions occurred related to Farmer Mac's equity securities that were not
3 unchanged sentences
elect to receive shares of Class C non-voting common stock in lieu of their cash retainers, Farmer Mac
−Removed: issued an aggregate of 410 shares of its Class C non-voting common stock in April 2023 to the six
+Added: issued an aggregate of 451 shares of its Class C non-voting common stock in July 2023 to the seven
directors who elected to receive stock in lieu of their cash retainers.
1 unchanged sentence
shares issued to the directors based on a price of $143.74 per share, which was the closing price of the
−Removed: Class C non-voting common stock on March 31, 2023 (the last trading day of the previous quarter) as
+Added: Class C non-voting common stock on June 30, 2023 (the last trading day of the previous quarter) as
reported by the New York Stock Exchange.
+Added: On September 29, 2023, Farmer Mac granted an aggregate of 2,979 time-vested restricted stock units of Farmer Mac’s Class C non-voting common stock ("RSUs") to 77 employees under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan.
+Added: Those RSUs will vest in three equal installments on March 31, 2024, March 31, 2025, and March 31, 2026 if those individuals are employed by Farmer Mac on those dates.
(b) Not applicable.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.