Kristine R. Nario-Eng - 01 Jan 2023 Form 4 Insider Report for NEW YORK MORTGAGE TRUST INC (NYMT)

Role
Chief Financial Officer
Signature
/s/ Kristine R. Nario-Eng
Issuer symbol
NYMT
Transactions as of
01 Jan 2023
Net transactions value
-$51,497
Form type
4
Filing time
04 Jan 2023, 16:07:54 UTC
Previous filing
31 Jan 2022
Next filing
31 Jan 2023
SEC
View on sec.gov

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 +10,032 +2.7% $0.000000 384,064 01 Jan 2023 Direct F1, F2
transaction NYMT Common Stock, par value $0.01 per share Tax liability $11,827 -4,620 -1.2% $2.56 379,444 01 Jan 2023 Direct F3
transaction NYMT Common Stock, par value $0.01 per share Options Exercise $0 +16,938 +4.5% $0.000000 396,382 01 Jan 2023 Direct F2, F4
transaction NYMT Common Stock, par value $0.01 per share Tax liability $19,971 -7,801 -2% $2.56 388,581 01 Jan 2023 Direct F5
transaction NYMT Common Stock, par value $0.01 per share Options Exercise $0 +16,801 +4.3% $0.000000 405,382 01 Jan 2023 Direct F2, F6
transaction NYMT Common Stock, par value $0.01 per share Tax liability $19,699 -7,695 -1.9% $2.56 397,687 01 Jan 2023 Direct F7

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 -10,032 -11% $0.000000 84,278 01 Jan 2023 Common Stock, par value $0.01 per share 10,032 Direct F2, F8
transaction NYMT Restricted Stock Units Options Exercise $0 -16,938 -20% $0.000000 67,340 01 Jan 2023 Common Stock, par value $0.01 per share 16,938 Direct F2, F9
transaction NYMT Restricted Stock Units Options Exercise $0 -16,801 -25% $0.000000 50,539 01 Jan 2023 Common Stock, par value $0.01 per share 16,801 Direct F2, F10
* 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 Shares acquired pursuant to the settlement of RSUs granted to the Reporting Person in January 2022.
F7 Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 6 above.
F8 On January 1, 2020, the Reporting Person was granted 30,096 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F9 On January 27, 2021, the Reporting Person was granted 50,813 RSUs, vesting in three equal annual installments beginning on January 1, 2022.
F10 On January 27, 2022, the Reporting Person was granted 50,403 RSUs, vesting in three equal annual installments beginning on January 1, 2023.