Norcutt Steven G 4
4 · NEW YORK MORTGAGE TRUST INC · Filed Jan 2, 2013
Insider Transaction Report
Form 4
Norcutt Steven G
Director
Transactions
- Award
Common Stock, par value $.01 per share
2012-12-31$6.32/sh+617$3,899→ 24,818 total
Footnotes (1)
- [F1]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 $3,900, 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 December 31, 2012, or $6.32 per share.