Mah Nicholas 4
4 · NEW YORK MORTGAGE TRUST, INC. · Filed Jan 24, 2025
Insider Transaction Report
Form 4
Mah Nicholas
President
Transactions
- Award
Restricted Stock Units
2025-01-23+146,842→ 235,500 totalExercise: $0.00→ Common Stock, par value $0.01 per share (146,842 underlying)
Footnotes (1)
- [F1]Represents restricted stock units ("RSUs") issued pursuant to NYMT's 2017 Equity Incentive Plan (as amended) under NYMT's 2025 Long-Term Equity Plan, 1/3 of which will become fully vested and non-forfeitable on each of January 1, 2026, January 1, 2027 and January 1, 2028. Pursuant to a restricted stock unit award agreement (the "RSU Award Agreement"), the RSUs represent the right to receive shares of common stock of NYMT on a one-to-one basis upon vesting, subject to the terms and conditions of the RSU Award Agreement, and are granted in tandem with a corresponding dividend equivalent right that entitles, upon vesting, the Reporting Person to receive payments in cash or stock of NYMT equivalent to any dividends paid by NYMT on the shares of NYMT common stock underlying the RSUs.