Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2022-08-25 00:00:00 ET · period of report 2022-08-23 · accession 0001428205-22-000131 · 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 | 2022-08-25 | 2022-08-23 | ARR | Harper Gordon | VP Fin, Ctrl | D - Sale to Iss | $7.06 | -757 | 34.5K | -2% | -$5,344 |
| D | 2022-08-25 | 2022-08-23 | ARR | Harper Gordon | VP Fin, Ctrl | M - OptEx | $0.00 | +3,000 | 35.3K | +9% | $0 |
| D | 2022-08-25 | 2022-08-23 | ARR | Harper Gordon | VP Fin, Ctrl | M - OptEx | $0.00 | -3,000 | 21.8K | -12% | $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 | 2022-08-23 | D | D | 757 | $7.06 | 34,500 | D | — | — | (F1) On August 23, 2022, the reporting person elected to convert 3000 shares of vested phantom stock into 2,243 shares of ARMOUR common stock and to convert the remaining 757 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,000 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, reported on a Form 4 filed on January 16, 2020 and phantom stock vesting over an approximate five year period, reported on a Form 4 filed on January 14, 2021. |
| 2 | Common | Common Stock, par value $0.001 per share | 2022-08-23 | M | A | 3,000 | $0.00 | 35,257 | D | — | — | (F1) On August 23, 2022, the reporting person elected to convert 3000 shares of vested phantom stock into 2,243 shares of ARMOUR common stock and to convert the remaining 757 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,000 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, reported on a Form 4 filed on January 16, 2020 and phantom stock vesting over an approximate five year period, reported on a Form 4 filed on January 14, 2021. |
| 3 | Derivative | Phantom Stock | 2022-08-23 | M | D | 3,000 | $0.00 | 21,800 | D | — · — to — | 3,000 Common Stock | (F1) On August 23, 2022, the reporting person elected to convert 3000 shares of vested phantom stock into 2,243 shares of ARMOUR common stock and to convert the remaining 757 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,000 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, reported on a Form 4 filed on January 16, 2020 and phantom stock vesting over an approximate five year period, reported on a Form 4 filed on January 14, 2021. (F2) Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |