Form 4 for ADAM ADAMAS TRUST, INC.
Accepted 2024-01-03 00:00:00 ET · period of report 2024-01-01 · accession 0001273685-24-000009 · 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 | 2024-01-03 | 2024-01-01 | ADAM | Serrano Jason T | CEO, Dir | F - Tax | $8.53 | -29.3K | 248.0K | -11% | -$250.3K |
| DM | 2024-01-03 | 2024-01-01 | ADAM | Serrano Jason T | CEO, Dir | M - OptEx | $0.00 | +57.8K | 282.2K | +26% | $0 |
| DM | 2024-01-03 | 2024-01-01 | ADAM | Serrano Jason T | CEO, Dir | M - OptEx | $0.00 | -57.8K | 80.7K | -42% | $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 | 2024-01-01 | F | D | 17,156 | $8.53 | 265,019 | D | — | — | (F3) On March 9, 2023, NYMT effected a one-for-four reverse stock split of its common stock. The amount of securities reported has been adjusted to reflect the reverse stock split. |
| 2 | Common | Common Stock, par value $0.01 per share | 2024-01-01 | M | A | 12,321 | $0.00 | 254,260 | D | — | — | (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) On March 9, 2023, NYMT effected a one-for-four reverse stock split of its common stock. The amount of securities reported has been adjusted to reflect the reverse stock split. |
| 3 | Common | Common Stock, par value $0.01 per share | 2024-01-01 | F | D | 5,923 | $8.53 | 241,939 | D | — | — | (F3) On March 9, 2023, NYMT effected a one-for-four reverse stock split of its common stock. The amount of securities reported has been adjusted to reflect the reverse stock split. |
| 4 | Common | Common Stock, par value $0.01 per share | 2024-01-01 | F | D | 6,265 | $8.53 | 247,995 | D | — | — | (F3) On March 9, 2023, NYMT effected a one-for-four reverse stock split of its common stock. The amount of securities reported has been adjusted to reflect the reverse stock split. |
| 5 | Common | Common Stock, par value $0.01 per share | 2024-01-01 | M | A | 11,291 | $0.00 | 247,862 | D | — | — | (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) On March 9, 2023, NYMT effected a one-for-four reverse stock split of its common stock. The amount of securities reported has been adjusted to reflect the reverse stock split. |
| 6 | Common | Common Stock, par value $0.01 per share | 2024-01-01 | M | A | 34,180 | $0.00 | 282,175 | D | — | — | (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) On March 9, 2023, NYMT effected a one-for-four reverse stock split of its common stock. The amount of securities reported has been adjusted to reflect the reverse stock split. |
| 7 | Derivative | Restricted Stock Units | 2024-01-01 | M | D | 11,291 | $0.00 | 127,180 | D | — · — to — | 11,291 Common Stock, par value $0.01 per share | (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. (F9) On January 27, 2021, the Reporting Person was granted 33,875 RSUs, vesting in three equal annual installments beginning on January 1, 2022. |
| 8 | Derivative | Restricted Stock Units | 2024-01-01 | M | D | 12,321 | $0.00 | 114,859 | D | — · — to — | 12,321 Common Stock, par value $0.01 per share | (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. (F10) On January 27, 2022, the Reporting Person was granted 36,962 RSUs, vesting in three equal annual installments beginning on January 1, 2023. |
| 9 | Derivative | Restricted Stock Units | 2024-01-01 | M | D | 34,180 | $0.00 | 80,679 | D | — · — to — | 34,180 Common Stock, par value $0.01 per share | (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. (F11) On April 25, 2023, the Reporting Person was granted 102,539 RSUs, vesting in three equal annual installments beginning on January 1, 2024. |