Form 4 for ADAM ADAMAS TRUST, INC.
Accepted 2022-01-31 00:00:00 ET · period of report 2022-01-27 · accession 0001273685-22-000014 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-01-31 | 2022-01-27 | ADAM | Serrano Jason T | CEO, Dir | A - Grant | $0.00 | +347.9K | 692.9K | +101% | $0 |
| D | 2022-01-31 | 2022-01-27 | ADAM | Serrano Jason T | CEO, Dir | F - Tax | $3.72 | -84.9K | 779.9K | -10% | -$315.9K |
| D | 2022-01-31 | 2022-01-27 | ADAM | Serrano Jason T | CEO, Dir | A - Grant | $0.00 | +147.8K | 264.9K | +126% | $0 |
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, par value $0.01 per share | 2022-01-27 | A | A | 171,901 | $0.00 | 864,827 | D | — | — | |
| 2 | Common | Common Stock, par value $0.01 per share | 2022-01-27 | A | A | 175,968 | $0.00 | 692,926 | D | — | — | |
| 3 | Common | Common Stock, par value $0.01 per share | 2022-01-27 | F | D | 84,906 | $3.72 | 779,921 | D | — | — | |
| 4 | Derivative | Restricted Stock Units | 2022-01-27 | A | A | 147,849 | $0.00 | 264,935 | D | — · — to — | 147,849 Common Stock, par value $0.01 per share | (F4) Represents restricted stock units ("RSUs") issued pursuant to NYMT's 2017 Equity Incentive Plan (as amended) under NYMT's 2022 Long-Term Equity Plan, 1/3 of which will become fully vested and non-forfeitable on each of the first, second and third anniversaries of the date of grant. Pursuant to a restricted stock unit award agreement (the "RSU Award Agreement"), the RSUs represent the right to receive shares of common stock of NYMT on a one-to-one basis upon vesting, subject to the terms and conditions of the RSU Award Agreement, and are granted in tandem with a corresponding dividend equivalent right that entitles, upon vesting, the Reporting Person to receive payments in cash or stock of NYMT equivalent to any dividends paid by NYMT on the shares of NYMT common stock underlying the RSUs. |