SEC Form 4 · accession 0001104659-16-088070
MFA FINANCIAL, INC. · MFA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sunil Yadav
Officer — Senior Vice President
Period of report
Jan 4, 2016
Accepted (ET)
Jan 5, 2016 · 4:19 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 StockF2 | Jan 4, 2016 | M | 35,000 | $0.00 | A | 188,129 | D | |
| Common StockF2 | Jan 4, 2016 | M | 17,500 | $0.00 | A | 205,629 | D | |
| Common Stock | Jan 4, 2016 | F | 18,176 | $6.75 | D | 187,453 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF4 | — | Jan 4, 2016 | M | 35,000 | D | Jan 4, 2016 | Jan 4, 2016 | Common Stock | 35,000 | 87,500 | D |
| Phantom SharesF4 | — | Jan 4, 2016 | M | 17,500 | D | Jan 4, 2016 | Jan 4, 2016 | Common Stock | 17,500 | 70,000 | D |
Explanation of responses
- F1Shares acquired pursuant to the settlement of restricted stock units (i.e., phantom stock) granted to the Reporting Person in December 2010.
- F2Each 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.
- F3The reported disposition represents the surrender of shares to satisfy tax obligations arising from the settlement of phantom shares described in Note 1 above.
- F4Settlement 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.