Form 4 for MFA MFA FINANCIAL, INC.
Accepted 2022-01-20 00:00:00 ET · period of report 2022-01-18 · accession 0001104659-22-005957 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-01-20 | 2022-01-18 | MFA | Kristjansson Gudmundur | SVP, Co-Chief Invest Ofcr | F - Tax | $4.58 | -28.0K | 372.3K | -7% | -$128.4K |
| DM | 2022-01-20 | 2022-01-18 | MFA | Kristjansson Gudmundur | SVP, Co-Chief Invest Ofcr | M - OptEx | $0.00 | +50.7K | 379.6K | +15% | $0 |
| DM | 2022-01-20 | 2022-01-18 | MFA | Kristjansson Gudmundur | SVP, Co-Chief Invest Ofcr | M - OptEx | — | -75.0K | 621.1K | -11% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-18 | F | D | 28,030 | $4.58 | 372,298.50 | D | — | — | |
| 2 | Common | Common Stock | 2022-01-18 | M | A | 20,687 | $0.00 | 400,328.50 | D | — | — | (F2) Each phantom share is the economic equivalent of one share of common stock of MFA Financial, Inc. Each phantom share was settled in one share of common stock of MFA Financial, Inc. |
| 3 | Common | Common Stock | 2022-01-18 | M | A | 30,000 | $0.00 | 379,641.50 | D | — | — | (F2) Each phantom share is the economic equivalent of one share of common stock of MFA Financial, Inc. Each phantom share was settled in one share of common stock of MFA Financial, Inc. |
| 4 | Derivative | Phantom Shares | 2022-01-18 | M | D | 30,000 | — | 666,122 | D | — · 2022-01-18 to 2021-01-18 | 30,000 Common Stock | (F5) Settlement of time-based restricted stock units (i.e., phantom stock) granted to the Reporting Person in February 2019. Each phantom share is the economic equivalent of one share of common stock of MFA Financial, Inc. Each phantom share was settled in one share of common stock of MFA Financial, Inc. |
| 5 | Derivative | Phantom Shares | 2022-01-18 | M | D | 45,000 | — | 621,122 | D | — · 2022-01-18 to 2021-01-18 | 45,000 Common Stock | (F7) The number of PRSUs reported in Table II represents the target number of PRSUs that were granted to the reporting person in February 2019. Per the terms of the award agreement governing the PRSUs, the number of underlying shares of MFA common stock that the recipient ultimately became entitled to receive at the time of vesting ranged from 0% to 200% of the target number of PRSUs granted, subject to the achievement of a pre-established performance metric. The vesting of these PRSUs was based on MFA's total stockholder return for the three years ended December 31, 2021. (F8) The Compensation Committee of the Board of Directors of MFA Financial, Inc. has confirmed and certified that the PRSUs vested at a level below target, as reflected in Table I above (see Note 3). In addition, per the terms of the award agreement governing the PRSUs, the number of PRSUs that vested was adjusted to reflect the value of any dividends paid on MFA's common stock during the performance period in respect of the number of PRSUs that ultimately vested. (F6) Settlement of performance-based restricted stock units (i.e., phantom stock) ("PRSUs") granted to the Reporting Person in February 2019. Each phantom share is the economic equivalent of one share of common stock of MFA Financial, Inc. Each phantom share was settled in one share of common stock of MFA Financial, Inc. |