AGM

SEC source: 0000845877-19-000004 · wf-form4_154655180210391.xml · nonDerivative · entry 1

Culver Chester J · CIK 0001546654 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,496

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") 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 December 31, 2018, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 635 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000187 · wf-form4_154421762939554.xml · nonDerivative · entry 2

Hill Thomas William · CIK 0001551963 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,103

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 635 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000187 · wf-form4_154421762939554.xml · nonDerivative · entry 1

Hill Thomas William · CIK 0001551963 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,953

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 635 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000185 · wf-form4_154361340073379.xml · nonDerivative · entry 3

Covington John Curtis · CIK 0001629451 · EVP - Agricultural Finance

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,101

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 9,708 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000185 · wf-form4_154361340073379.xml · nonDerivative · entry 2

Covington John Curtis · CIK 0001629451 · EVP - Agricultural Finance

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,104

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F3 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $66.82 to $67.635, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to Form 4.

F2 · balance_after: Includes 9,708 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000185 · wf-form4_154361340073379.xml · nonDerivative · entry 1

Covington John Curtis · CIK 0001629451 · EVP - Agricultural Finance

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,101

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 9,708 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000173 · wf-form4_153972392053039.xml · nonDerivative · entry 1

NORDHOLM BRADFORD T · CIK 0001391468 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,578

F1 · shares: Grant of shares of time-vested restricted stock under the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Amended and Restated 2008 Omnibus Incentive Plan for no consideration. All shares will "cliff" vest on March 31, 2021 if the reporting person is employed by Farmer Mac on that date.

F1 · price: Grant of shares of time-vested restricted stock under the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Amended and Restated 2008 Omnibus Incentive Plan for no consideration. All shares will "cliff" vest on March 31, 2021 if the reporting person is employed by Farmer Mac on that date.

SEC source: 0000845877-18-000168 · wf-form4_153842680647437.xml · nonDerivative · entry 1

JUNKINS LOWELL · CIK 0001246115 · Director · Acting President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,244.232

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") 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 28, 2018, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 635 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000169 · wf-form4_153842682842713.xml · nonDerivative · entry 1

Sherrick Bruce J · CIK 0001546653 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,751

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") 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 28, 2018, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 635 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000167 · wf-form4_153842677667461.xml · nonDerivative · entry 1

Culver Chester J · CIK 0001546654 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,471

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") 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 28, 2018, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 635 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000151 · wf-form4_153272692540227.xml · nonDerivative · entry 4

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,435

F1 · shares: Transaction effected pursuant to a trading plan adopted by Mr. Mullery in accordance with Rule 10b5-1.

F2 · shares: In connection with the net share settlement of the exercise of 3,000 vested stock appreciation rights ("SARs") granted in October 2011 with a grant price of $18.14 per share, Mr. Mullery was entitled to receive 2,448 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Farmer Mac retained 1,183 shares to satisfy tax withholding requirements arising from the exercise, and 1,265 shares retained by Mr. Mullery were sold on July 27, 2018. The 552 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.

F3 · balance_after: Includes 6,758 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000151 · wf-form4_153272692540227.xml · derivative · entry 5

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Non-Voting Common Stock · 3,000 shares

Expires 2021-10-04

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Transaction effected pursuant to a trading plan adopted by Mr. Mullery in accordance with Rule 10b5-1.

F2 · shares: In connection with the net share settlement of the exercise of 3,000 vested stock appreciation rights ("SARs") granted in October 2011 with a grant price of $18.14 per share, Mr. Mullery was entitled to receive 2,448 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Farmer Mac retained 1,183 shares to satisfy tax withholding requirements arising from the exercise, and 1,265 shares retained by Mr. Mullery were sold on July 27, 2018. The 552 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.

F4 · derivative.exercise_date: Exercisable beginning August 31, 2012 with respect to 1,000 shares, beginning August 31, 2013 with respect to 1,000 shares, and beginning August 31, 2014 with respect to 1,000 shares.

SEC source: 0000845877-18-000151 · wf-form4_153272692540227.xml · nonDerivative · entry 3

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,700

F1 · shares: Transaction effected pursuant to a trading plan adopted by Mr. Mullery in accordance with Rule 10b5-1.

F2 · shares: In connection with the net share settlement of the exercise of 3,000 vested stock appreciation rights ("SARs") granted in October 2011 with a grant price of $18.14 per share, Mr. Mullery was entitled to receive 2,448 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Farmer Mac retained 1,183 shares to satisfy tax withholding requirements arising from the exercise, and 1,265 shares retained by Mr. Mullery were sold on July 27, 2018. The 552 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.

F3 · balance_after: Includes 6,758 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000151 · wf-form4_153272692540227.xml · nonDerivative · entry 2

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,252

F1 · shares: Transaction effected pursuant to a trading plan adopted by Mr. Mullery in accordance with Rule 10b5-1.

F2 · shares: In connection with the net share settlement of the exercise of 3,000 vested stock appreciation rights ("SARs") granted in October 2011 with a grant price of $18.14 per share, Mr. Mullery was entitled to receive 2,448 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Farmer Mac retained 1,183 shares to satisfy tax withholding requirements arising from the exercise, and 1,265 shares retained by Mr. Mullery were sold on July 27, 2018. The 552 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.

F3 · balance_after: Includes 6,758 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000151 · wf-form4_153272692540227.xml · nonDerivative · entry 1

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,435

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Transaction effected pursuant to a trading plan adopted by Mr. Mullery in accordance with Rule 10b5-1.

F2 · shares: In connection with the net share settlement of the exercise of 3,000 vested stock appreciation rights ("SARs") granted in October 2011 with a grant price of $18.14 per share, Mr. Mullery was entitled to receive 2,448 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Farmer Mac retained 1,183 shares to satisfy tax withholding requirements arising from the exercise, and 1,265 shares retained by Mr. Mullery were sold on July 27, 2018. The 552 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.

F3 · balance_after: Includes 6,758 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000147 · wf-form4_153056299269204.xml · nonDerivative · entry 1

Sherrick Bruce J · CIK 0001546653 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,739

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") 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 June 29, 2018, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 635 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000146 · wf-form4_153056296157990.xml · nonDerivative · entry 1

JUNKINS LOWELL · CIK 0001246115 · Director · Acting President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,227.232

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") 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 June 29, 2018, the last trading day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 635 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000145 · wf-form4_153056293390820.xml · nonDerivative · entry 1

Culver Chester J · CIK 0001546654 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,450

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") 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 June 29, 2018, the last trading day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 635 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000141 · wf-form4_152969883424929.xml · nonDerivative · entry 4

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,435

F1 · shares: Transaction effected pursuant to a trading plan adopted by Mr. Mullery in accordance with Rule 10b5-1.

F2 · shares: In connection with the net share settlement of the exercise of 5,000 vested stock appreciation rights ("SARs") granted in October 2010 with a grant price of $10.43 per share, Mr. Mullery was entitled to receive 4,453 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Farmer Mac retained 2,151 shares to satisfy tax withholding requirements arising from the exercise, and 2,302 shares retained by Mr. Mullery were sold on June 22, 2018. The 547 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.

F3 · balance_after: Includes 6,758 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000141 · wf-form4_152969883424929.xml · derivative · entry 5

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Non-Voting Common Stock · 5,000 shares

Expires 2020-10-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Transaction effected pursuant to a trading plan adopted by Mr. Mullery in accordance with Rule 10b5-1.

F2 · shares: In connection with the net share settlement of the exercise of 5,000 vested stock appreciation rights ("SARs") granted in October 2010 with a grant price of $10.43 per share, Mr. Mullery was entitled to receive 4,453 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Farmer Mac retained 2,151 shares to satisfy tax withholding requirements arising from the exercise, and 2,302 shares retained by Mr. Mullery were sold on June 22, 2018. The 547 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.

F4 · derivative.exercise_date: Exercisable beginning August 31, 2011 with respect to 1,667 shares, beginning August 31, 2012 with respect to 1,667 shares, and beginning August 31, 2013 with respect to 1,666 shares.

SEC source: 0000845877-18-000141 · wf-form4_152969883424929.xml · nonDerivative · entry 3

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,737

F1 · shares: Transaction effected pursuant to a trading plan adopted by Mr. Mullery in accordance with Rule 10b5-1.

F2 · shares: In connection with the net share settlement of the exercise of 5,000 vested stock appreciation rights ("SARs") granted in October 2010 with a grant price of $10.43 per share, Mr. Mullery was entitled to receive 4,453 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Farmer Mac retained 2,151 shares to satisfy tax withholding requirements arising from the exercise, and 2,302 shares retained by Mr. Mullery were sold on June 22, 2018. The 547 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.

F3 · balance_after: Includes 6,758 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000141 · wf-form4_152969883424929.xml · nonDerivative · entry 2

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,284

F1 · shares: Transaction effected pursuant to a trading plan adopted by Mr. Mullery in accordance with Rule 10b5-1.

F2 · shares: In connection with the net share settlement of the exercise of 5,000 vested stock appreciation rights ("SARs") granted in October 2010 with a grant price of $10.43 per share, Mr. Mullery was entitled to receive 4,453 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Farmer Mac retained 2,151 shares to satisfy tax withholding requirements arising from the exercise, and 2,302 shares retained by Mr. Mullery were sold on June 22, 2018. The 547 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.

F3 · balance_after: Includes 6,758 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000141 · wf-form4_152969883424929.xml · nonDerivative · entry 1

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,435

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Transaction effected pursuant to a trading plan adopted by Mr. Mullery in accordance with Rule 10b5-1.

F2 · shares: In connection with the net share settlement of the exercise of 5,000 vested stock appreciation rights ("SARs") granted in October 2010 with a grant price of $10.43 per share, Mr. Mullery was entitled to receive 4,453 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Farmer Mac retained 2,151 shares to satisfy tax withholding requirements arising from the exercise, and 2,302 shares retained by Mr. Mullery were sold on June 22, 2018. The 547 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.

F3 · balance_after: Includes 6,758 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000139 · wf-form4_152823183900914.xml · nonDerivative · entry 2

Covington John Curtis · CIK 0001629451 · EVP - Agricultural Finance

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,101

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F3 · balance_after: Includes 9,708 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000139 · wf-form4_152823183900914.xml · nonDerivative · entry 1

Covington John Curtis · CIK 0001629451 · EVP - Agricultural Finance

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,481

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $94.23 to $94.71, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to Form 4.

F3 · balance_after: Includes 9,708 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000137 · wf-form4_152814805231026.xml · nonDerivative · entry 1

Faivre-Davis Sara Louise · CIK 0001501976 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,376

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 635 restricted shares of Farmer Mac Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000135 · wf-form4_152785918275445.xml · nonDerivative · entry 1

Engebretsen James R · CIK 0001437016 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,263

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $92.60 to $92.7350, inclusive. The Reporting Person undertakes to provide to the Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to Form 4.

F3 · balance_after: Includes 635 restricted shares of Farmer Mac Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000133 · wf-form4_152779829498707.xml · nonDerivative · entry 1

Ramsey Gregory · CIK 0001587529 · Principal Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,435

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 2,435 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000132 · wf-form4_152779827810170.xml · nonDerivative · entry 1

Grote Charles D · CIK 0001739712 · SVP Finance and Investor Rel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,376.39

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 3,635 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000128 · wf-form4_152762926346739.xml · nonDerivative · entry 3

Grote Charles D · CIK 0001739712 · SVP Finance and Investor Rel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,971.39

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 1,667 vested stock appreciation rights ("SARs") granted in April 2015 with a grant price of $32.39 per share, Mr. Grote was entitled to receive 1,085 shares of Farmer Mac Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Grote retained 595 shares, and Farmer Mac retained 490 shares to satisfy tax withholding requirements arising from the exercise. The 582 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.

F3 · balance_after: Includes 3,635 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000128 · wf-form4_152762926346739.xml · nonDerivative · entry 2

Grote Charles D · CIK 0001739712 · SVP Finance and Investor Rel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,553.39

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 1,667 vested stock appreciation rights ("SARs") granted in April 2015 with a grant price of $32.39 per share, Mr. Grote was entitled to receive 1,085 shares of Farmer Mac Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Grote retained 595 shares, and Farmer Mac retained 490 shares to satisfy tax withholding requirements arising from the exercise. The 582 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.

F3 · balance_after: Includes 3,635 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000129 · wf-form4_152762927854846.xml · derivative · entry 4

Ramsey Gregory · CIK 0001587529 · Principal Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Non-Voting Common Stock · 1,334 shares

Expires 2025-04-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 1,334 vested stock appreciation rights ("SARs") granted in April 2015 with a grant price of $32.39 per share, Mr. Ramsey was entitled to receive 868 shares of Farmer Mac Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Ramsey retained 476 shares, and Farmer Mac retained 392 shares to satisfy tax withholding requirements arising from the exercise. The 466 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.

F4 · derivative.exercise_date: Exercisable beginning March 31, 2016 with respect to 1,333 shares, beginning March 31, 2017 with respect to 1,333 shares, and beginning March 31, 2018 with respect to 1,334 shares.

SEC source: 0000845877-18-000129 · wf-form4_152762927854846.xml · nonDerivative · entry 3

Ramsey Gregory · CIK 0001587529 · Principal Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,911

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 1,334 vested stock appreciation rights ("SARs") granted in April 2015 with a grant price of $32.39 per share, Mr. Ramsey was entitled to receive 868 shares of Farmer Mac Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Ramsey retained 476 shares, and Farmer Mac retained 392 shares to satisfy tax withholding requirements arising from the exercise. The 466 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.

F3 · balance_after: Includes 2,435 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000129 · wf-form4_152762927854846.xml · nonDerivative · entry 2

Ramsey Gregory · CIK 0001587529 · Principal Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,377

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 1,334 vested stock appreciation rights ("SARs") granted in April 2015 with a grant price of $32.39 per share, Mr. Ramsey was entitled to receive 868 shares of Farmer Mac Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Ramsey retained 476 shares, and Farmer Mac retained 392 shares to satisfy tax withholding requirements arising from the exercise. The 466 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.

F3 · balance_after: Includes 2,435 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000129 · wf-form4_152762927854846.xml · nonDerivative · entry 1

Ramsey Gregory · CIK 0001587529 · Principal Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,769

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 1,334 vested stock appreciation rights ("SARs") granted in April 2015 with a grant price of $32.39 per share, Mr. Ramsey was entitled to receive 868 shares of Farmer Mac Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Ramsey retained 476 shares, and Farmer Mac retained 392 shares to satisfy tax withholding requirements arising from the exercise. The 466 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.

F3 · balance_after: Includes 2,435 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000128 · wf-form4_152762926346739.xml · derivative · entry 4

Grote Charles D · CIK 0001739712 · SVP Finance and Investor Rel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Non-Voting Common Stock · 1,667 shares

Expires 2025-04-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 1,667 vested stock appreciation rights ("SARs") granted in April 2015 with a grant price of $32.39 per share, Mr. Grote was entitled to receive 1,085 shares of Farmer Mac Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Grote retained 595 shares, and Farmer Mac retained 490 shares to satisfy tax withholding requirements arising from the exercise. The 582 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.

F4 · derivative.exercise_date: Exercisable beginning March 31, 2016 with respect to 1,666 shares, beginning March 31, 2017 with respect to 1,667 shares, and beginning March 31, 2018 with respect to 1,667 shares.

SEC source: 0000845877-18-000128 · wf-form4_152762926346739.xml · nonDerivative · entry 1

Grote Charles D · CIK 0001739712 · SVP Finance and Investor Rel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,043.39

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 1,667 vested stock appreciation rights ("SARs") granted in April 2015 with a grant price of $32.39 per share, Mr. Grote was entitled to receive 1,085 shares of Farmer Mac Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Grote retained 595 shares, and Farmer Mac retained 490 shares to satisfy tax withholding requirements arising from the exercise. The 582 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.

F3 · balance_after: Includes 3,635 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000125 · wf-form4_152710816485108.xml · nonDerivative · entry 1

JOHNSON MITCHELL A · CIK 0001246112 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,079

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 635 restricted shares of Farmer Mac Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000123 · wf-form4_152710799174356.xml · nonDerivative · entry 4

Lynch Robert Dale · CIK 0001465169 · EVP - Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,049

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 5,430 vested stock appreciation rights ("SARs") granted in April 2014 with a grant price of $33.90 per share, Mr. Lynch was entitled to receive 3,417 shares of Farmer Mac Class C Non-Voting Common Stock. Farmer Mac retained 1,542 shares to satisfy tax withholding requirements arising from the exercise, and 1,875 shares retained by Mr. Lynch were sold on May 22, 2018. The 2,013 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.

F4 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $91.12 to $91.51, inclusive. The Reporting Person undertakes to provide to the Farmer Mac, any security holder of the Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to Form 4.

F3 · balance_after: Includes 11,510 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000121 · wf-form4_152710795035620.xml · nonDerivative · entry 4

Brinch Brian M · CIK 0001737498 · SVP-Business Strategy

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,048

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 4,000 vested stock appreciation rights ("SARs") granted in April 2014 with a grant price of $35.60 per share, Mr. Brinch was entitled to receive 2,443 shares of the Farmer Mac Class C Non-Voting Common Stock. Farmer Mac retained 1,132 shares to satisfy tax withholding requirements arising from the exercise, and 1,311 shares retained by Mr. Brinch were sold on May 22, 2018. The 1,557 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.

F4 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $92.00 to $92.33, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to Form 4.

F3 · balance_after: Includes 3,695 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000116 · wf-form4_152693442622768.xml · nonDerivative · entry 3

JOHNSON MITCHELL A · CIK 0001246112 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,079

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 635 restricted shares of Farmer Mac Class C Non-Voting Common Stock that will vest on March 31, 2019 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-18-000123 · wf-form4_152710799174356.xml · derivative · entry 5

Lynch Robert Dale · CIK 0001465169 · EVP - Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Non-Voting Common Stock · 5,430 shares

Expires 2024-04-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 5,430 vested stock appreciation rights ("SARs") granted in April 2014 with a grant price of $33.90 per share, Mr. Lynch was entitled to receive 3,417 shares of Farmer Mac Class C Non-Voting Common Stock. Farmer Mac retained 1,542 shares to satisfy tax withholding requirements arising from the exercise, and 1,875 shares retained by Mr. Lynch were sold on May 22, 2018. The 2,013 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.

F5 · derivative.exercise_date: Exercisable beginning March 31, 2015 with respect to 1,810 shares, beginning March 31, 2016 with respect to 1,810 shares, and beginning March 31, 2017 with respect to 1,810 shares.

SEC source: 0000845877-18-000123 · wf-form4_152710799174356.xml · nonDerivative · entry 3

Lynch Robert Dale · CIK 0001465169 · EVP - Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,924

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 5,430 vested stock appreciation rights ("SARs") granted in April 2014 with a grant price of $33.90 per share, Mr. Lynch was entitled to receive 3,417 shares of Farmer Mac Class C Non-Voting Common Stock. Farmer Mac retained 1,542 shares to satisfy tax withholding requirements arising from the exercise, and 1,875 shares retained by Mr. Lynch were sold on May 22, 2018. The 2,013 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.

F3 · balance_after: Includes 11,510 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000123 · wf-form4_152710799174356.xml · nonDerivative · entry 2

Lynch Robert Dale · CIK 0001465169 · EVP - Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,937

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 5,430 vested stock appreciation rights ("SARs") granted in April 2014 with a grant price of $33.90 per share, Mr. Lynch was entitled to receive 3,417 shares of Farmer Mac Class C Non-Voting Common Stock. Farmer Mac retained 1,542 shares to satisfy tax withholding requirements arising from the exercise, and 1,875 shares retained by Mr. Lynch were sold on May 22, 2018. The 2,013 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.

F3 · balance_after: Includes 11,510 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000123 · wf-form4_152710799174356.xml · nonDerivative · entry 1

Lynch Robert Dale · CIK 0001465169 · EVP - Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,479

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 5,430 vested stock appreciation rights ("SARs") granted in April 2014 with a grant price of $33.90 per share, Mr. Lynch was entitled to receive 3,417 shares of Farmer Mac Class C Non-Voting Common Stock. Farmer Mac retained 1,542 shares to satisfy tax withholding requirements arising from the exercise, and 1,875 shares retained by Mr. Lynch were sold on May 22, 2018. The 2,013 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.

F3 · balance_after: Includes 11,510 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000122 · wf-form4_152710797194254.xml · nonDerivative · entry 2

Covington John Curtis · CIK 0001629451 · EVP - Agricultural Finance

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,401

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F3 · balance_after: Includes 9,708 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000122 · wf-form4_152710797194254.xml · nonDerivative · entry 1

Covington John Curtis · CIK 0001629451 · EVP - Agricultural Finance

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,801

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $89.99 to $90.72, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to Form 4.

F3 · balance_after: Includes 9,708 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000121 · wf-form4_152710795035620.xml · derivative · entry 5

Brinch Brian M · CIK 0001737498 · SVP-Business Strategy

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Non-Voting Common Stock · 4,000 shares

Expires 2024-04-21

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 4,000 vested stock appreciation rights ("SARs") granted in April 2014 with a grant price of $35.60 per share, Mr. Brinch was entitled to receive 2,443 shares of the Farmer Mac Class C Non-Voting Common Stock. Farmer Mac retained 1,132 shares to satisfy tax withholding requirements arising from the exercise, and 1,311 shares retained by Mr. Brinch were sold on May 22, 2018. The 1,557 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.

F5 · derivative.exercise_date: Exercisable beginning March 31, 2015 with respect to 1,333 shares, beginning March 31, 2016 with respect to 1,333 shares, and beginning March 31, 2017 with respect to 1,334 shares.

SEC source: 0000845877-18-000121 · wf-form4_152710795035620.xml · nonDerivative · entry 3

Brinch Brian M · CIK 0001737498 · SVP-Business Strategy

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,359

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 4,000 vested stock appreciation rights ("SARs") granted in April 2014 with a grant price of $35.60 per share, Mr. Brinch was entitled to receive 2,443 shares of the Farmer Mac Class C Non-Voting Common Stock. Farmer Mac retained 1,132 shares to satisfy tax withholding requirements arising from the exercise, and 1,311 shares retained by Mr. Brinch were sold on May 22, 2018. The 1,557 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.

F3 · balance_after: Includes 3,695 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

SEC source: 0000845877-18-000121 · wf-form4_152710795035620.xml · nonDerivative · entry 2

Brinch Brian M · CIK 0001737498 · SVP-Business Strategy

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,916

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · shares: In connection with the net share settlement of the exercise of 4,000 vested stock appreciation rights ("SARs") granted in April 2014 with a grant price of $35.60 per share, Mr. Brinch was entitled to receive 2,443 shares of the Farmer Mac Class C Non-Voting Common Stock. Farmer Mac retained 1,132 shares to satisfy tax withholding requirements arising from the exercise, and 1,311 shares retained by Mr. Brinch were sold on May 22, 2018. The 1,557 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.

F3 · balance_after: Includes 3,695 shares of unvested restricted stock previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.