FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Mah Nicholas
2. Issuer Name and Ticker or Trading Symbol

NEW YORK MORTGAGE TRUST INC [ NYMT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President
(Last)          (First)          (Middle)

C/O NEW YORK MORTGAGE TRUST, INC., 90 PARK AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

1/1/2023
(Street)

NEW YORK, NY 10016
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 1/1/2023  M(1)  17835 A$0 (2)535024 D  
Common Stock, par value $0.01 per share 1/1/2023  F(3)  8214 D$2.56 526810 D  
Common Stock, par value $0.01 per share 1/1/2023  M(4)  30111 A$0 (2)556921 D  
Common Stock, par value $0.01 per share 1/1/2023  F(5)  13806 D$2.56 543115 D  
Common Stock, par value $0.01 per share 1/1/2023  M(6)  29869 A$0 (2)572984 D  
Common Stock, par value $0.01 per share 1/1/2023  F(7)  12676 D$2.56 560308 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units $0.0 (2)1/1/2023  M (8)    17835   (8) (8)Common Stock, par value $0.01 per share 17835.0 $0 149828 D  
Restricted Stock Units $0.0 (2)1/1/2023  M (9)    30111   (9) (9)Common Stock, par value $0.01 per share 30111.0 $0 119717 D  
Restricted Stock Units $0.0 (2)1/1/2023  M (10)    29869   (10) (10)Common Stock, par value $0.01 per share 29869.0 $0 89848 D  

Explanation of Responses:
(1) Shares acquired pursuant to the settlement of restricted stock units ("RSUs") granted to the Reporting Person in January 2020.
(2) 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.
(3) Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 1 above.
(4) Shares acquired pursuant to the settlement of RSUs granted to the Reporting Person in January 2021.
(5) Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 4 above.
(6) Shares acquired pursuant to the settlement of RSUs granted to the Reporting Person in January 2022.
(7) Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 6 above.
(8) On January 1, 2020, the Reporting Person was granted 53,505 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date.
(9) On January 27, 2021, the Reporting Person was granted 90,334 RSUs, vesting in three equal annual installments beginning on January 1, 2022.
(10) On January 27, 2022, the Reporting Person was granted 89,606 RSUs, vesting in three equal annual installments beginning on January 1, 2023.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Mah Nicholas
C/O NEW YORK MORTGAGE TRUST, INC.
90 PARK AVENUE
NEW YORK, NY 10016


President

Signatures
/s/ Nicholas Mah1/4/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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