Company: ADAMM
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001273685-25-000038
Chunk: 78

Company: ADAMAS TRUST, INC.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 78
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     | $                       | 2,223,263 |     | $                         | 371,888 |     | $     | 4,001,401 |
| Kristine R. Nario-Eng       |     | 2024 |     | $      | 525,000 |     | $             |       — |     | $                                         |   310,078 |     | $                       |   573,498 |     | $                         |  50,606 |     | $     | 1,459,182 |
| Chief Financial Officer     |     | 2023 |     | $      | 500,000 |     | $             |       — |     | $                                         |   337,500 |     | $                       |   889,302 |     | $                         | 199,781 |     | $     | 1,926,583 |
| and Secretary               |     | 2022 |     | $      | 450,000 |     | $             | 240,250 |     | $                                         |   253,125 |     | $                       |   747,550 |     | $                         |  98,530 |     | $     | 1,789,455 |

(1) Amounts represent annual cash incentive compensation earned under the annual incentive compensation plan for each applicable fiscal year. For a description of the formula used to calculate the amounts payable under the annual incentive compensation plan for each applicable fiscal year, see “—Compensation Discussion and Analysis—Executive Compensation Program Components for 2024 — Annual Incentive Compensation.” The material terms of the annual incentive compensation plan for 2023 and 2022 are substantially similar to the terms of the 2024 Annual Incentive Plan, except as described in “—Compensation Discussion and Analysis—Executive Compensation Program Components for 2024 —Annual Incentive Compensation—” and in our 2024 and 2023 proxy statements filed with the SEC.

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(2) The amounts in this column include the grant date fair value of the RSU awards and PSU awards for each of 2022, 2023 and 2024 and restricted stock awards for 2022, each computed in accordance with FASB ASC Topic 718, excluding the effects of estimated forfeitures. See Note 20 to our Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ending December 31