SEC Form 4 · accession 0001104659-16-133161
MFA FINANCIAL, INC. · MFA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig L Knutson
Officer — President and COO
Period of report
Jul 15, 2016
Accepted (ET)
Jul 19, 2016 · 9:38 am EDT
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 | Jul 15, 2016 | M | 2,831 | $0.00 | A | 510,863 | D | |
| Common Stock | Jul 15, 2016 | F | 1,463 | $7.29 | D | 509,400 | 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 | — | Jul 15, 2016 | M | 2,831 | D | Jul 15, 2016 | Jul 15, 2016 | Common Stock | 2,831 | 420,000 | D |
Explanation of responses
- F1Shares acquired pursuant to the settlement of restricted stock units (i.e., phantom stock) granted to the Reporting Person in July 2013.
- F2Each phantom share is the economic equivalent of one share of common stock of MFA Financial, Inc. Each vested 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 phantom shares granted to the Reporting Person in July 2013. Each phantom share is the economic equivalent of one share of common stock of MFA Financial, Inc. Each vested phantom share was settled in one share of common stock of MFA Financial, Inc.