Kristine R. Nario-Eng - 01 Jan 2025 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 2025
Net transactions value
-$90,858
Form type
4
Filing time
02 Jan 2025, 17:56:23 UTC
Previous filing
11 Apr 2024
Next filing
24 Jan 2025
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 +4,200 +3.3% $0.000000 130,439 01 Jan 2025 Direct F1, F2, F3
transaction NYMT Common Stock, par value $0.01 per share Tax liability $13,356 -2,204 -1.7% $6.06 128,235 01 Jan 2025 Direct F3, F4
transaction NYMT Common Stock, par value $0.01 per share Options Exercise $0 +9,766 +7.6% $0.000000 138,001 01 Jan 2025 Direct F2, F3, F5
transaction NYMT Common Stock, par value $0.01 per share Tax liability $34,275 -5,656 -4.1% $6.06 132,345 01 Jan 2025 Direct F3, F6
transaction NYMT Common Stock, par value $0.01 per share Options Exercise $0 +12,310 +9.3% $0.000000 144,655 01 Jan 2025 Direct F2, F3, F7
transaction NYMT Common Stock, par value $0.01 per share Tax liability $43,226 -7,133 -4.9% $6.06 137,522 01 Jan 2025 Direct F3, F8

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 -4,200 -6.9% $0.000000 56,459 01 Jan 2025 Common Stock, par value $0.01 per share 4,200 $0.000000 Direct F2, F9
transaction NYMT Restricted Stock Units Options Exercise $0 -9,766 -17% $0.000000 46,693 01 Jan 2025 Common Stock, par value $0.01 per share 9,766 $0.000000 Direct F2, F10
transaction NYMT Restricted Stock Units Options Exercise $0 -12,310 -26% $0.000000 34,383 01 Jan 2025 Common Stock, par value $0.01 per share 12,310 $0.000000 Direct F2, F11
* 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 2022.
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 On March 9, 2023, NYMT effected a one-for-four reverse stock split of its common stock. The amount of securities reported has been adjusted to reflect the reverse stock split.
F4 Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 1 above.
F5 Shares acquired pursuant to the settlement of RSUs granted to the Reporting Person in April 2023.
F6 Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 5 above.
F7 Shares acquired pursuant to the settlement of RSUs granted to the Reporting Person in April 2024.
F8 Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 7 above.
F9 On January 27, 2022, the Reporting Person was granted 12,600 RSUs, vesting in three equal annual installments beginning on January 1, 2023.
F10 On April 25, 2023, the Reporting Person was granted 29,297 RSUs, vesting in three equal annual installments beginning on January 1, 2024.
F11 On April 10, 2024, the Reporting Person was granted 36,928 RSUs, vesting in three equal annual installments beginning on January 1, 2025.