ADAMAS TRUST, INC. — Director's Dealing 2013

Jan 2, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW YORK MORTGAGE TRUST INC (NYMT)
CIK: 0001273685
Period of Report: 2012-12-31

Reporting Person: Norcutt Steven G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-31	Common Stock, par value $.01 per share	A	617	$6.32	Acquired	24818	Direct

Footnotes

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.