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: Harvest Capital Strategies LLC (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	500000	Disposed	2010-12-31	Common Stock (1250000)	Indirect
2010-12-31	Series A Cumulative Redeemable Convertible Preferred Stock	$8	J	181100	Disposed	2010-12-31	Common Stock (452750)	Indirect
2010-12-31	Series A Cumulative Redeemable Convertible Preferred Stock	$8	J	31400	Disposed	2010-12-31	Common Stock (78500)	Indirect
2010-12-31	Series A Cumulative Redeemable Convertible Preferred Stock	$8	J	28800	Disposed	2010-12-31	Common Stock (72000)	Indirect
2010-12-31	Series A Cumulative Redeemable Convertible Preferred Stock	$8	J	8700	Disposed	2010-12-31	Common Stock (21750)	Indirect

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.