MFA FINANCIAL, INC. — Director's Dealing 2013

Jul 3, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MFA FINANCIAL, INC. (MFA)
CIK: 0001055160
Period of Report: 2013-07-01

Reporting Person: FREYDBERG RONALD A (Executive Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-01	Phantom Shares	$	A	3334	Acquired		Common Share (3334)	Direct
2013-07-01	Phantom Shares	$	A	6666	Acquired		Common Stock (6666)	Direct

Footnotes

F1: Each phantom share represents the right to receive one share of MFA Financial, Inc. common stock.

F2: One-third of these phantom shares are scheduled to vest, subject to forfeiture, on each of June 30, 2014, 2015 and 2016, and thereafter will be settled in an equivalent number of shares of MFA common stock within 30 days of each respective vesting date.

F3: One-third of these phantom shares are scheduled to vest, subject to forfeiture, on each of June 30, 2014, 2015 and 2016 (subject, in each case, to MFA's achievement of specified performance goals), and thereafter will be settled in an equivalent number of shares of MFA common stock within 30 days of each respective vesting date.