Company: MFAN
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001055160-25-000004
Chunk: 31

Company: MFA FINANCIAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 31
---
 Per ShareTotal RSUsTotal Weighted Average Grant Date Fair Value Per ShareOutstanding at beginning of year:921,308 $18.63 1,138,495 $15.76 2,059,803 $17.04 Granted (2)610,680 10.32 997,383 7.95 1,608,063 8.85 Settled(146,440)27.90 (13,639)26.52 (160,079)27.78 Cancelled/forfeited(65,489)13.44 (254,397)18.32 (319,886)17.32 Outstanding at end of year1,320,059 $14.01 1,867,842 $11.16 3,187,901 $12.34 RSUs vested but not settled at end of year635,595 $15.63 560,114 $13.61 1,195,709 $14.68 RSUs unvested at end of year684,464 $12.52 1,307,728 $10.11 1,992,192 $10.94 

110  

Table of ContentsMFA FINANCIAL, INC.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSDecember 31, 2024

 For the Year Ended December 31, 2022RSUs With Service ConditionWeighted Average Grant Date Fair Value Per ShareRSUs With Market and Service ConditionsWeighted Average Grant Date Fair Value Per ShareTotal RSUsTotal Weighted Average Grant Date Fair Value Per ShareOutstanding at beginning of year:712,160 $20.22 905,708 $17.14 1,617,868 $18.50 Granted (3)296,379 17.19 381,397 16.04 677,776 16.54 Settled(66,125)29.56 (40,268)31.36 (106,393)30.24 Cancelled/forfeited(21,106)17.63 (108,342)22.49 (129,448)21.70 Outstanding at end of year921,308 $18.63 1,138,495 $15.76 2,059,803 $