ADAMAS TRUST, INC. — Director's Dealing 2023

Jan 4, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW YORK MORTGAGE TRUST INC (NYMT)
CIK: 0001273685
Period of Report: 2023-01-01

Reporting Person: Nario-Eng Kristine Rimando (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-01	Common Stock, par value $0.01 per share	M	10032	—	Acquired	384064	Direct
2023-01-01	Common Stock, par value $0.01 per share	F	4620	$2.56	Disposed	379444	Direct
2023-01-01	Common Stock, par value $0.01 per share	M	16938	—	Acquired	396382	Direct
2023-01-01	Common Stock, par value $0.01 per share	F	7801	$2.56	Disposed	388581	Direct
2023-01-01	Common Stock, par value $0.01 per share	M	16801	—	Acquired	405382	Direct
2023-01-01	Common Stock, par value $0.01 per share	F	7695	$2.56	Disposed	397687	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-01	Restricted Stock Units	$	M	10032	Disposed		Common Stock, par value $0.01 per share (10032.0)	Direct
2023-01-01	Restricted Stock Units	$	M	16938	Disposed		Common Stock, par value $0.01 per share (16938.0)	Direct
2023-01-01	Restricted Stock Units	$	M	16801	Disposed		Common Stock, par value $0.01 per share (16801.0)	Direct

Footnotes

F1: Shares acquired pursuant to the settlement of restricted stock units ("RSUs") granted to the Reporting Person in January 2020.

F2: Each RSU is the economic equivalent of one share of common stock of New York Mortgage Trust ("NYMT"). Each RSU was settled in one share of common stock of NYMT.

F3: Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 1 above.

F4: Shares acquired pursuant to the settlement of RSUs granted to the Reporting Person in January 2021.

F5: Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 4 above.

F6: Shares acquired pursuant to the settlement of RSUs granted to the Reporting Person in January 2022.

F7: Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 6 above.

F8: On January 1, 2020, the Reporting Person was granted 30,096 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date.

F9: On January 27, 2021, the Reporting Person was granted 50,813 RSUs, vesting in three equal annual installments beginning on January 1, 2022.

F10: On January 27, 2022, the Reporting Person was granted 50,403 RSUs, vesting in three equal annual installments beginning on January 1, 2023.