Fannie Mae 2010 Annual Report Download - page 77

or, if the obligation is incurred in connection with certain types of securities offerings, in prospectuses for that
offering that are filed with the SEC.
Because the securities we issue are exempted securities, we do not file registration statements or prospectuses
with the SEC with respect to our securities offerings. To comply with the disclosure requirements of Form 8-K
relating to the incurrence of material financial obligations, we report our incurrence of these types of
obligations either in offering circulars or prospectuses (or supplements thereto) that we post on our Web site
or in a current report on Form 8-K that we file with the SEC, in accordance with a “no-action” letter we
received from the SEC staff in 2004. In cases where the information is disclosed in a prospectus or offering
circular posted on our Web site, the document will be posted on our Web site within the same time period that
a prospectus for a non-exempt securities offering would be required to be filed with the SEC.
The Web site address for disclosure about our debt securities is www.fanniemae.com/debtsearch. From this
address, investors can access the offering circular and related supplements for debt securities offerings under
Fannie Mae’s universal debt facility, including pricing supplements for individual issuances of debt securities.
Disclosure about our obligations pursuant to some of the MBS we issue, some of which may be off-balance
sheet obligations, can be found at www.fanniemae.com/mbsdisclosure. From this address, investors can access
information and documents about our MBS, including prospectuses and related prospectus supplements.
We are providing our Web site address solely for your information. Information appearing on our Web site is
not incorporated into this annual report on Form 10-K.
Purchases of Equity Securities by the Issuer
The following table shows shares of our common stock we repurchased during the fourth quarter of 2010.
Total
Number of
Shares
Purchased
(1)
Average
Price Paid
per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced
Program
(2)
Maximum Number of
Shares that
May Yet be
Purchased Under
the Program
(2)
(Shares in thousands)
2010
October 1-31 . . . . . . . . . . . . . . . . . . . . . . . . . 1 $0.37 — —
November1-30 ....................... 1 0.38 — —
December1-31........................ 1 0.32 — —
Total ............................. 3
(1)
Consists of shares of common stock reacquired from employees to pay an aggregate of approximately $930 in
withholding taxes due upon the vesting of previously issued restricted stock. Does not include 337,871 shares of 8.75%
Non-Cumulative Mandatory Convertible Series 2008-1 Preferred Stock received from holders upon conversion of those
shares into 520,589 shares of common stock.
(2)
On January 21, 2003, we publicly announced that the Board of Directors had approved an open market share
repurchase program under which we could purchase in open market transactions the sum of (a) up to 5% of the shares
of common stock outstanding as of December 31, 2002 (49.4 million shares) and (b) additional shares to offset stock
issued or expected to be issued under our employee benefit plans. Since August 2004, no shares have been
repurchased pursuant to this program. The Board of Directors terminated this share repurchase program on October 14,
2010.
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