Company: MFAN
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001140361-25-014577
Chunk: 73

Company: MFA FINANCIAL, INC.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 73
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 the aggregate grant date fair value of awards granted in the year indicated computed in accordance with stock-based compensation accounting rules (FASB ASC Topic 718). For 2024, 2023 and 2022, amounts included in this column are comprised of TRSUs and PRSUs granted to each of the Named Executive Officers in January 2024, January 2023 and January 2022, respectively. See the 2024 Grants of Plan-Based Awards table on page58of this Proxy Statement for further information on awards made in 2024. A discussion of the assumptions underlying the calculation of the RSU values may be found in Note 2(l) and Note 12 to our 2024 Consolidated Financial Statements on page 79 and pages 109 to 113, respectively, of our 2024 Annual Report to Stockholders on Form 10-K. |

As indicated above, the amounts in this column for 2024 include the grant date fair value of, among other awards, PRSUs granted to each of the Named Executive Officers during the year. For purposes of the Summary Compensation Table, the grant date fair value of these PRSUs that is included in the amount reported in this column assumes that “target” performance is achieved during the three-year performance period. The target value of these PRSUs (which is included in the column) is as follows: for Mr. Knutson, $2,400,008; for Mr. Wulfsohn, $1,035,009; for Mr. Roper, $360,010; for Ms. Samuels, $240,010 and for Mr. Schwartz, $405,010. The maximum value of these PRSUs as of the grant date assuming the highest level of performance is achieved is as follows: for Mr. Knutson, $4,800,016; for Mr. Wulfsohn, $2,070,018; for Mr. Roper, $720,020; for Ms. Samuels, $480,020; and for Mr. Schwartz, $810,020. A description of these PRSU awards, including the vesting and performance conditions of such awards, can be found in note 5 to the Grants of Plan-Based Awards for 2024 table below. Pursuant to the terms of the employment agreement between Mr. Kristjansson and the Company, Mr. Kristjansson forfeited (without vesting) TRSUs and PRSUs granted to him