SERRANO JASON T

PrivateCIK: 1763908

Location

NEW YORK, NY

SERRANO JASON T (President) exercised options at ADAMAS TRUST, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

SERRANO JASON T

Filed: 1/3/2024ACC: 0001273685-24-000009

InsiderSERRANO JASON TCIK 1763908

→

IssuerADAMAS TRUST, INC.CIK 1273685

Officer· President

Since Jan 2019

-29.34K

Net shares

Net seller

$250.3K

Total sold

0

Open market trades

0B · 0S

9

Total transactions

57.79K acquired · 87.14K disposed

Non-Derivative Transactions6

Common Stock, par value $0.01 per share

Direct

M · Option Exercise

Shares

+11.29K

Price / share

—

Trade value

—

% of position

4.8%

1/1/2024

236.57K→247.86K

Common Stock, par value $0.01 per share

Direct

F · Tax Withholding

Shares

−5.92K

Price / share

$8.53

Trade value

$50.52K

% of position

2.4%

1/1/2024

247.86K→241.94K

Common Stock, par value $0.01 per share

Direct

M · Option Exercise

Shares

+12.32K

Price / share

—

Trade value

—

% of position

5.1%

1/1/2024

241.94K→254.26K

Common Stock, par value $0.01 per share

Direct

F · Tax Withholding

Shares

−6.26K

Price / share

$8.53

Trade value

$53.44K

% of position

2.5%

1/1/2024

254.26K→248K

Common Stock, par value $0.01 per share

Direct

M · Option Exercise

Shares

+34.18K

Price / share

—

Trade value

—

% of position

13.8%

1/1/2024

248K→282.18K

Common Stock, par value $0.01 per share

Direct

F · Tax Withholding

Shares

−17.16K

Price / share

$8.53

Trade value

$146.34K

% of position

6.1%

1/1/2024

282.18K→265.02K

Total

Net shares

+28.45K

Net value

-$250.30K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, par value $0.01 per share Direct	1/1/2024	M · Option Exercise	+11.29K	—	—	4.8%	236.57K	247.86K
Common Stock, par value $0.01 per share Direct	1/1/2024	F · Tax Withholding	−5.92K	$8.53	$50.52K	2.4%	247.86K	241.94K
Common Stock, par value $0.01 per share Direct	1/1/2024	M · Option Exercise	+12.32K	—	—	5.1%	241.94K	254.26K
Common Stock, par value $0.01 per share Direct	1/1/2024	F · Tax Withholding	−6.26K	$8.53	$53.44K	2.5%	254.26K	248K
Common Stock, par value $0.01 per share Direct	1/1/2024	M · Option Exercise	+34.18K	—	—	13.8%	248K	282.18K
Common Stock, par value $0.01 per share Direct	1/1/2024	F · Tax Withholding	−17.16K	$8.53	$146.34K	6.1%	282.18K	265.02K
Total			+28.45K		-$250.30K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, par value $0.01 per share

11.29K shares

Shares

−11.29K

Strike price

Held after

127.18K

Exercisable

—

1/1/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, par value $0.01 per share

12.32K shares

Shares

−12.32K

Strike price

Held after

114.86K

Exercisable

—

1/1/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, par value $0.01 per share

34.18K shares

Shares

−34.18K

Strike price

Held after

80.68K

Exercisable

—

1/1/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Common Stock, par value $0.01 per share11.29K shares	1/1/2024	M · Option Exercise	−11.29K		—	127.18K
Restricted Stock Units Direct	Common Stock, par value $0.01 per share12.32K shares	1/1/2024	M · Option Exercise	−12.32K		—	114.86K
Restricted Stock Units Direct	Common Stock, par value $0.01 per share34.18K shares	1/1/2024	M · Option Exercise	−34.18K		—	80.68K

SERRANO JASON T — Insider Transaction (Form 4) Filed Jan 3, 2024 | Finecho