MFA FINANCIAL, INC. — Director's Dealing 2011

Sep 6, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MFA FINANCIAL, INC. (MFA)
CIK: 0001055160
Period of Report: 2011-09-06

Reporting Person: Schwartz Harold E (SENIOR VICE PRESIDENT, GC)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-06	PHANTOM SHARES	$	A	15000	Acquired		COMMON STOCK (15000)	Direct

Footnotes

F1: EACH PHANTOM SHARE IS THE ECONOMIC EQUILVALENT OF ONE SHARE OF MFA'S COMMON STOCK, PAR VALUE $0.01 PER SHARE.

F2: THESE PHANTOM SHARES ARE SUBJECT TO FORFEITURE UNTIL SEPTEMBER 5, 2014. ONE-THIRD OF THESE PHANTOM SHARES SHALL VEST ON EACH OF SEPTEMBER 5, 2012, SEPTEMBER 5, 2013 AND SEPTEMBER 5, 2014, AND THEREAFTER, ARE PAYABLE WITHIN 30 DAYS OF THE DATE SUCH PHANTOM SHARES VEST.