Hainey Alan L 4
4 · NEW YORK MORTGAGE TRUST INC · Filed Jan 9, 2012
Insider Transaction Report
Form 4
Hainey Alan L
Director
Transactions
- Award
Common Stock, par value $.01 per share
2012-01-06$7.12/sh+1,050$7,476→ 16,723 total
Footnotes (1)
- [F1]Represents shares of common stock issued pursuant to the New York Mortgage Trust, Inc. 2010 Stock Incentive Plan. In accordance with the Company's compensation program for its independent directors, the reporting person elected to receive such shares in lieu of a cash payment of $7,476, which represents a portion of the reporting person's annual cash compensation as a director of the Company. The number of shares issued was based on the closing sales price of the Company's common stock on January 3, 2012, or $7.12 per share.