Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2022-08-25 00:00:00 ET · period of report 2022-08-23 · accession 0001428205-22-000134 · 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 | 2022-08-25 | 2022-08-23 | ARR | PAPERIN STEWART J | Dir | M - OptEx | $0.00 | +600 | 71.2K | +0.8% | $0 |
| D | 2022-08-25 | 2022-08-23 | ARR | PAPERIN STEWART J | Dir | M - OptEx | $0.00 | -600 | 8,200 | -7% | $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 | M | A | 600 | $0.00 | 71,206 | I See Footnote | — | — | (F1) On August 23, 2022, the reporting person elected to convert 600 shares of vested phantom stock into 600 shares of ARMOUR common stock. The 600 shares are part of, and relate to, phantom stock vesting over an approximate five year period, reported on a Form 4 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 | 2022-08-23 | M | D | 600 | $0.00 | 8,200 | D | — · — to — | 600 Common Stock | (F3) Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. (F1) On August 23, 2022, the reporting person elected to convert 600 shares of vested phantom stock into 600 shares of ARMOUR common stock. The 600 shares are part of, and relate to, phantom stock vesting over an approximate five year period, reported on a Form 4 on January 14, 2021. |