ADAMAS TRUST, INC. — Director's Dealing 2017

May 23, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW YORK MORTGAGE TRUST INC (NYMT)
CIK: 0001273685
Period of Report: 2017-05-22

Reporting Person: Mumma Steven R (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-22	Common Stock, par value $0.01 per share	A	6258	—	Acquired	581484	Direct

Footnotes

F1: Represents the balance of the restricted shares earned by Steven R. Mumma in 2016 under the New York Mortgage Trust, Inc. (the "Company") 2013 Incentive Compensation Plan (as amended), which are being issued pursuant to a letter agreement between Mr. Mumma and the Company. The shares issuable pursuant to the letter agreement were subject to the Company's stockholders approving the New York Mortgage Trust, Inc. 2017 Equity Incentive Plan (the "2017 Plan") and the Company's filing of a registration statement on Form S-8 with respect to the 2017 Plan. The Company's stockholders approved the 2017 Plan on May 11, 2017 and the Company filed a registration statement on Form S-8 with respect to the 2017 Plan on May 22, 2017. The restricted shares have been issued under the 2017 Plan and will become fully vested and non-forfeitable ratably on each of February 8, 2018, February 8, 2019 and February 8, 2020.