SEC Form 4 · accession 0001104659-16-088058
MFA FINANCIAL, INC. · MFA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William S Gorin
Officer — Chief Executive Officer · Director
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 4:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001055160
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 31, 2015 | F | 6,425 | $6.60 | D | 817,179 | D | |
| Common StockF3 | Jan 4, 2016 | M | 56,500 | $0.00 | A | 873,679 | D | |
| Common StockF3 | Jan 4, 2016 | M | 28,250 | $0.00 | A | 901,929 | D | |
| Common Stock | Jan 4, 2016 | F | 32,945 | $6.75 | D | 868,984 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF5 | — | Jan 4, 2016 | M | 56,500 | D | Jan 4, 2016 | Jan 4, 2016 | Common Stock | 56,500 | 429,554 | D |
| Phantom SharesF5 | — | Jan 4, 2016 | M | 28,250 | D | Jan 4, 2016 | Jan 4, 2016 | Common Stock | 28,250 | 401,304 | D |
Explanation of responses
- F1The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of restricted stock previously granted to the Reporting Person.
- F2Shares acquired pursuant to the settlement of restricted stock units (i.e., phantom stock) granted to the Reporting Person in December 2010.
- F3Each 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.
- F4The reported disposition represents the surrender of shares to satisfy tax obligations arising from the settlement of phantom shares described in Note 2 above.
- F5Settlement of time-based and performance-based phantom shares granted to the Reporting Person in December 2010. 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.