SEC Filing | AGCO

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SEC FORM 3 SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Bennett Kelvin Eugene

(Last)

(First)

(Middle)

AGCO INTERNATIONAL GMBH

VICTOR VON BRUNS STRASSE 17

(Street)

NEUHAUSEN AM RHEINFALL

CH 8212

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2021

3. Issuer Name and Ticker or Trading Symbol
AGCO CORP /DE [ AGCO ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, Engineering

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,959	D
Common Stock	238⁽¹⁾	D
Common Stock	612⁽²⁾	D
Common Stock	612⁽³⁾	D
Common Stock	1,332⁽⁴⁾	D
Common Stock	623⁽⁵⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Appreciation Right	⁽⁶⁾	01/24/2024	Common Stock	1,700	63.47	D

Explanation of Responses:

1. The reporting person was awarded restricted stock units that will vest in one installment on January 23, 2021. Each restricted stock unit represents the contingent right to receive one share of common stock.

2. The reporting person was awarded restricted stock units that will vest in two equal annual installments beginning on January 22, 2021. Each restricted stock unit represents the contingent right to receive one share of common stock.

3. The reporting person was awarded restricted stock units that will vest in three equal annual installments beginning on January 22, 2021. Each restricted stock unit represents the contingent right to receive one share of common stock.

4. Represents the minimum number of shares that will be issued to the reporting person upon the completion of the 2018-2020 performance cycle based upon partial satisfaction of vesting criteria for a performance based award.

5. Represents the minimum number of shares that will be issued to the reporting person upon the completion of the 2019-2021 performance cycle based upon partial satisfaction of vesting criteria for a performance based award.

6. Exercisable in four equal annual installments beginning January 24, 2018.

Remarks:

	Lynnette D. Schoenfeld Attorney-in-Fact	01/06/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

LIMITED POWER OF ATTORNEY FOR
SECTION 16 REPORTING OBLIGATIONS


     The undersigned hereby constitutes and appoints each of Roger N. Batkin,
Lynnette D. Schoenfeld, Joseph Lewinski, and Lisa Schomaker, or any of them
signing singly, and with full power of substitution, the undersigned's true and
lawful attorney-in-fact to:

     (1) prepare, execute in the undersigned's name and on the undersigned's
behalf, and submit to the U.S. Securities and Exchange Commission (the "SEC") a
Form ID, including amendments thereto, and any other documents necessary or
appropriate to obtain codes and passwords enabling the undersigned to make
electronic filings with the SEC of reports required by Section 16(a) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act") or any rules or
regulations promulgated thereunder;
     (2) execute for and on behalf of the undersigned, in the undersigned's
capacity as an officer and/or director of AGCO Corporation (the "Company"),
Forms 3, 4, and 5 in accordance with Section 16(a) of the Exchange Act and the
rules and regulations promulgated thereunder.
     (3) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Form 3, 4,
or 5, complete and execute any amendment or amendments thereto, and timely file
such form with the SEC and any stock exchange or similar authority; and
     (4) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.

     The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or such
attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this Power of Attorney and the rights and powers herein
granted.

     The undersigned acknowledges that the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, are not assuming,
nor is the Company assuming, any of the undersigned's responsibilities to comply
with Section 16 of the Exchange Act and the rules and regulations promulgated
thereunder.

     The undersigned agrees that each of the attorneys-in-fact may rely entirely
on information furnished orally or in writing by the undersigned to such
attorney-in-fact.  The undersigned also agrees to indemnify and hold harmless
the Company and each attorney-in-fact against any losses, claims, damages, or
liablites (or actions in these respects) that arise out of or are based upon any
untrue statement or omission of necessary facts in the information provided by
the undersigned to an attorney-in-fact for purposes of executing, acknowledging,
delivering, or filing a Form ID or Forms 3, 4, or 5 (including amendments
thereto) and agrees to reimburse the Company and each attorney-in-fact for any
legal or other expenses reasonably incurred in connection with investigating or
defending against any such loss, claim, damage, liability, or action.

     This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing deliverd to the
foregoing attorneys-in-fact.

     IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 9th day of December, 2020.




                                                s/s Kelvin Bennett
                                         _________________________________
                                         Signature


                                                Kelvin Bennett
                                         _________________________________
                                         Print Name