Bock David R 4
4 · NEW YORK MORTGAGE TRUST INC · Filed Jun 7, 2012
Insider Transaction Report
Form 4
Bock David R
Director
Transactions
- Award
Common Stock, par value $.01 per share
2012-06-05+5,000→ 7,750 total - Award
Common Stock, par value $.01 per share
2012-06-05$6.65/sh+5,000$33,250→ 12,750 total
Footnotes (2)
- [F1]Represents annual stock grant for non-employee directors. Shares of common stock were issued pursuant to the New York Mortgage Trust, Inc. 2010 Stock Incentive Plan.
- [F2]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 non-employee directors, the reporting person elected to receive such shares in lieu of a cash payment of $33,250, 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 June 5, 2012, or $6.65 per share.