Steven R. Mumma - Jan 1, 2022 Form 4 Insider Report for NEW YORK MORTGAGE TRUST INC (NYMT)

Role
Executive Chairman, Director
Signature
/s/ Steven R. Mumma
Stock symbol
NYMT
Transactions as of
Jan 1, 2022
Transactions value $
-$130,226
Form type
4
Date filed
1/4/2022, 03:58 PM
Next filing
Jan 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYMT Common Stock, par value $0.01 per share Options Exercise $0 +32.1K +2.53% $0.00 1.3M Jan 1, 2022 Direct F1, F2
transaction NYMT Common Stock, par value $0.01 per share Tax liability -$49.8K -13.4K -1.03% $3.72 1.29M Jan 1, 2022 Direct F3
transaction NYMT Common Stock, par value $0.01 per share Options Exercise $0 +54.2K +4.2% $0.00 1.34M Jan 1, 2022 Direct F2, F4
transaction NYMT Common Stock, par value $0.01 per share Tax liability -$80.4K -21.6K -1.61% $3.72 1.32M Jan 1, 2022 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NYMT Restricted Stock Units Options Exercise $0 -32.1K -14.15% $0.00 195K Jan 1, 2022 Common Stock, par value $0.01 per share 32.1K Direct F2, F6
transaction NYMT Restricted Stock Units Options Exercise $0 -54.2K -27.84% $0.00 141K Jan 1, 2022 Common Stock, par value $0.01 per share 54.2K Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired pursuant to the settlement of restricted stock units ("RSUs") granted to the Reporting Person in January 2020.
F2 Each RSU is the economic equivalent of one share of common stock of New York Mortgage Trust ("NYMT"). Each RSU was settled in one share of common stock of NYMT.
F3 Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 1 above.
F4 Shares acquired pursuant to the settlement of RSUs granted to the Reporting Person in January 2021.
F5 Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 4 above.
F6 On January 1, 2020, the Reporting Person was granted 96,308 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F7 On January 27, 2021, the Reporting Person was granted 162,602 RSUs, vesting in three equal annual installments beginning on January 1, 2022.