form8k.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549


FORM 8-K



CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):   August 5, 2009



    Federal Agricultural Mortgage Corporation
(Exact name of registrant as specified in its charter)



Federally chartered
instrumentality of
        the United States        
       
        001-14951       
 
 
  
        52-1578738       
(State or other jurisdiction of
incorporation or organization)
(Commission
File Number)
(I.R.S. Employer
Identification No.)

 
1133 Twenty-First Street, N.W., Suite 600, Washington, D.C.
 
20036
         (Address of principal executive offices)   
(Zip Code)


Registrant’s telephone number, including area code:  (202) 872-7700



          No change         
(Former name or former address, if changed since last report)


 
 

 



Item 5.02.                      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e)           In connection with its annual review of executive compensation, on August 5, 2009 the Registrant’s Board of Directors awarded performance-based cash bonuses to certain members of management as follows: Michael A. Gerber, $166,667.00; Tom D. Stenson, $156,736.02; Timothy L. Buzby, $91,731.75; Jerome G. Oslick, $68,101.42; and Mary K. Waters, $47,213.02.  These bonuses were calculated pursuant to the methodology for the 2008-09 planning year described in the “Compensation Discussion and Analysis” section of the Registrant’s 2009 definitive proxy statement, which was filed with the SEC on April 27, 2009.

 
 

 

SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
FEDERAL AGRICULTURAL MORTGAGE
CORPORATION

 
By:           /s/ Jerome G. Oslick                       
 
   Name:      Jerome G. Oslick
 
   Title:        Vice President – General Counsel



Dated:         August 7, 2009