Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2021-11-26 00:00:00 ET · period of report 2021-11-23 · accession 0001428205-21-000273 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-11-26 | 2021-11-23 | ARR | PAPERIN STEWART J | Dir | M - OptEx | $0.00 | +2,950 | 63.4K | +5% | $0 |
| D | 2021-11-26 | 2021-11-23 | ARR | PAPERIN STEWART J | Dir | M - OptEx | $0.00 | -2,950 | 10.0K | -23% | $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 | 2021-11-23 | M | A | 2,950 | $0.00 | 63,418 | I See Footnote | — | — | (F1) On November 23, 2021, the reporting person elected to convert 2,950 shares of vested phantom stock into 2,950 shares of ARMOUR common stock. The 2,950 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) Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust. |
| 2 | Derivative | Phantom Stock | 2021-11-23 | M | D | 2,950 | $0.00 | 10,000 | D | — · — to — | 2,950 Common Stock | (F3) Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. (F1) On November 23, 2021, the reporting person elected to convert 2,950 shares of vested phantom stock into 2,950 shares of ARMOUR common stock. The 2,950 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. |