COO and Secretary Nathan R. Reese resigns effective immediately; will stay as consultant through July 31, 2023

ADAMAS TRUST, INC.

Nathan R. Reese resigns as COO and Secretary effective immediately, not due to any disagreement.
Reese will remain as consultant through July 31, 2023, to assist transition of duties.
Separation agreement includes continued base salary and benefits through July 31 and a $700,000 cash payment.
COBRA insurance premiums for Reese and dependents paid through December 31, 2023.
No successor named; Reese's departure is not due to conflict or disagreement with company.

item 5.02

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Departed

Nathan R. Reese

Chief Operating Officer and Secretary

ADAM · ADAMAS TRUST, INC.

Effective: 2023-04-26
Filed: April 26, 2023, 7:59 PM ET

Nathan R. Reese, the Company’s Chief Operating Officer (“COO”) and Secretary, notified the Company that he was resigning as COO and Secretary of the Company to pursue other opportunities, with his resignation from those roles effective immediately.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Nathan R. Reese resigned as Chief Operating Officer and Secretary at ADAMAS TRUST, INC..

Action: resigned
Role: Chief Operating Officer and Secretary

Exact text from the filing

Nathan R. Reese, the Company’s Chief Operating Officer (“COO”) and Secretary, notified the Company that he was resigning as COO and Secretary of the Company to pursue other opportunities, with his resignation from those roles effective immediately.

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Source: SEC EDGAR

accession 0001273685-23-000053

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