4//SEC Filing
MFA FINANCIAL, INC. 4
Accession 0001104659-17-002233
$MFACIK 0001055160operating
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 11:41 AM ET
Size
9.1 KB
Accession
0001104659-17-002233
Insider Transaction Report
Form 4
GORIN WILLIAM S
President, CFO
Transactions
- Award
Phantom Shares
2017-01-11+82,500→ 644,454 total→ Common Stock (82,500 underlying) - Award
Phantom Shares
2017-01-11+122,500→ 766,954 total→ Common Stock (122,500 underlying)
Footnotes (4)
- [F1]Each phantom share represents the right to receive one share of MFA Financial, Inc. common stock.
- [F2]These phantom shares are scheduled to vest, subject to forfeiture, on December 31, 2019, and thereafter will be settled in an equivalent number of shares of MFA common stock within 30 days following the vesting date.
- [F3]These phantom shares are performance-based equity awards. The number of phantom shares reported represents the target number of phantom shares granted. The number of underlying shares of MFA common stock that the recipient becomes entitled to receive at the time of vesting will generally range from 0% to 200% of the target number of phantom shares granted, subject to the achievement of a pre-established performance metric. The vesting of these phantom shares will generally occur on December 31, 2019, based on MFA's absolute total stockholder return (TSR) and MFA's TSR as compared to the TSR of a designated peer group of companies, in each case for the three years then ended.
- [F4]The number of phantom shares to vest will be adjusted to reflect the value of any dividends paid on MFA's common stock during the vesting period in respect of the number of phantom shares that ultimately vest. The phantom shares will be settled in an equivalent number of shares of MFA common stock within 30 days following the vesting date.
Documents
Issuer
MFA FINANCIAL, INC.
CIK 0001055160
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001055160
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 11:41 AM ET
- Size
- 9.1 KB