ADAMAS TRUST, INC. — Director's Dealing 2011

Jan 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW YORK MORTGAGE TRUST INC (NYMT)
CIK: 0001273685
Period of Report: 2010-12-31

Reporting Person: JMP Group Inc. (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-31	Series A Cumulative Redeemable Convertible Preferred Stock	$8	J	250000	Disposed	2010-12-31	Common Stock (625000)	Direct

Footnotes

F1: The Series A Cumulative Redeemable Convertible Preferred Stock was mandatorily redeemed by the Company on December 31, 2010 in the amount of $20 per share.