Fannie Mae 2004 Annual Report Download - page 241

are at least 55 years of age and have at least 10 years of participation in the ESOP may elect to diversify out of shares
of our common stock by rolling their assets into the investments in our 401(k) Plan. Additionally, although holders of
shares through our ESOP have sole voting power through the power the direct the trustee of the plan to vote their
shares, to the extent some holders do not provide any direction as to how to vote their shares, the plan trustee may
vote those shares in the same proportion as the trustee votes the shares for which the trustee has received direction.
Holders of stock options have no investment or voting power over the shares issuable upon the exercise of the options
until the options are exercised.
(2)
Mr. Ashley’s shares include 1,200 shares held by his spouse and 2,299 shares of restricted stock.
(3)
Mr. Beresford’s holdings consist of restricted stock.
(4)
Mr. Donilon’s shares include 100 shares held by his spouse and 37 shares held through our ESOP. Mr. Donilon left
Fannie Mae in April 2005. The information presented is based on a Form 4 filed by Mr. Donilon on May 3, 2005.
(5)
Mr. Duberstein’s shares include 2,299 shares of restricted stock.
(6)
Ms. Gaines’ holdings consist of restricted stock.
(7)
Mr. Gerrity’s shares include 17,552 shares held jointly with his spouse and 2,299 shares of restricted stock.
(8)
Ms. Horn’s holdings consist of restricted stock.
(9)
Mr. Levin’s shares consist of 225,101 shares held jointly with his spouse and 115,816 shares of restricted stock.
(10)
Ms. Macaskill’s holdings consist of restricted stock.
(11)
Mr. Mudd’s shares include 167,752 shares of restricted stock, and do not include 63,806 restricted stock units held by
Mr. Mudd over which he will obtain voting rights and investment power when the restrictions lapse.
(12)
Mr. Pickett’s shares include 2,299 shares of restricted stock.
(13)
Ms. Rahl’s shares include 200 shares held by her spouse and 2,299 shares of restricted stock.
(14)
Ms. St. John’s shares include 44,711 shares of restricted stock and 851 shares held through our ESOP.
(15)
Mr. Smith’s shares consist of restricted stock.
(16)
Mr. Swygert’s shares include 2,299 shares of restricted stock.
(17)
Mr. Williams’ shares include 6,000 shares held jointly with his spouse, 700 shares held by his daughter, 86,953 shares
of restricted stock and 851 shares held through our ESOP. His beneficially owned total includes 1,271 shares of
deferred stock that he could obtain within 60 days in certain circumstances.
(18)
Mr. Wulff’s shares consist of restricted stock.
(19)
The amount of shares held by all directors and executive officers as a group includes 688,523 shares of restricted
stock held by our directors and executive officers, 5,142 held by them through our ESOP, 6,550 shares of stock held
by their family members, 14,922 shares of restricted stock held by an executive officer’s spouse and 614 shares held
through our ESOP by an executive officer’s spouse. The stock options column includes options to purchase
62,238 shares held by an officer’s spouse. The beneficially owned total includes 1,271 shares of deferred stock. The
shares in this table do not include 135,417 shares of restricted stock units over which the holders will not obtain vot-
ing rights or investment power until the restrictions lapse.
The following table shows the beneficial ownership of Fannie Mae common stock by each holder of more
than 5% of our common stock as of December 31, 2005, or as otherwise noted, which is the most recent
information provided.
5% Holders
Common Stock
Beneficially Owned Percent of Class
Capital Research and Management Company
(1)
. . . . . . . . . . . . . . . . . . . 134,670,800 13.9%
333 South Hope Street
Los Angeles, CA 90071
AXA Financial Inc.
(2)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66,300,303 6.8%
1290 Avenue of the Americas
New York, NY 10104
Citigroup Inc.
(3)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53,716,795 5.5%
399 Park Avenue
New York, NY 10043
(1)
This information is based solely on information contained on a Schedule 13G/A filed with the SEC on February 10,
2006 by Capital Research and Management Company. According to the Schedule 13G/A, Capital Research and Man-
agement Company beneficially owns 134,670,800 shares of our common stock as of December 30, 2005, with sole vot-
ing power for 40,382,960 shares and sole dispositive power for all shares.
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