Cheng Gena 4
4 · NEW YORK MORTGAGE TRUST INC · Filed Aug 26, 2024
Insider Transaction Report
Form 4
Cheng Gena
Director
Transactions
- Award
Deferred Stock Units
2024-08-22+18,462→ 18,462 totalExercise: $0.00→ Common Stock, par value $0.01 per share (18,462 underlying)
Footnotes (1)
- [F1]Represents an award of deferred stock units ("DSUs") granted to the Reporting Person pursuant to the New York Mortgage Trust, Inc. 2017 Equity Incentive Plan, as amended from time to time (the "Plan") that may be settled only for shares of common stock on a one-for-one basis. The DSUs will vest on the day immediately preceding the date of the Issuer's annual meeting of stockholders that occurs in the calendar year immediately following the calendar year in which the date of grant occurs, so long as the Reporting Person continuously provides services to the Issuer through such vesting date. Pursuant to the Reporting Person's election under the award agreement, settlement of the vested DSUs has been deferred until the date that is the third anniversary of the date of grant.