Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2021-08-26 00:00:00 ET · period of report 2021-08-24 · accession 0001428205-21-000222 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-08-26 | 2021-08-24 | ARR | HOLLIHAN JOHN P III | Dir | M - OptEx | $0.00 | +2,850 | 46.3K | +7% | $0 |
| D | 2021-08-26 | 2021-08-24 | ARR | HOLLIHAN JOHN P III | Dir | D - Sale to Iss | $10.50 | -1,140 | 45.1K | -2% | -$12.0K |
| D | 2021-08-26 | 2021-08-24 | ARR | HOLLIHAN JOHN P III | Dir | M - OptEx | $0.00 | -2,850 | 12.9K | -18% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 per share | 2021-08-24 | M | A | 2,850 | $0.00 | 46,256 | D | — | — | (F1) On August 24, 2021, the reporting person elected to convert 1,710 shares out of 2,850 shares of vested phantom stock into 1,710 shares of ARMOUR common stock. The person elected to convert the remaining 1,140 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,850 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020 and phantom stock vesting over a period of approximately five years, which was reported on a Form 4 report filed by the person on January 14, 2021. |
| 2 | Common | Common Stock, par value $0.001 per share | 2021-08-24 | D | D | 1,140 | $10.50 | 45,116 | D | — | — | (F1) On August 24, 2021, the reporting person elected to convert 1,710 shares out of 2,850 shares of vested phantom stock into 1,710 shares of ARMOUR common stock. The person elected to convert the remaining 1,140 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,850 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020 and phantom stock vesting over a period of approximately five years, which was reported on a Form 4 report filed by the person on January 14, 2021. |
| 3 | Derivative | Phantom Stock | 2021-08-24 | M | D | 2,850 | $0.00 | 12,950 | D | — · — to — | 2,850 Common Stock | (F1) On August 24, 2021, the reporting person elected to convert 1,710 shares out of 2,850 shares of vested phantom stock into 1,710 shares of ARMOUR common stock. The person elected to convert the remaining 1,140 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,850 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020 and phantom stock vesting over a period of approximately five years, which was reported on a Form 4 report filed by the person on January 14, 2021. (F2) Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |