Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2022-08-25 00:00:00 ET · period of report 2022-08-23 · accession 0001428205-22-000136 · 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 | ULM SCOTT | Co-CEO, Dir | D - Sale to Iss | $7.06 | -7,416 | 207.2K | -3% | -$52.4K |
| D | 2022-08-25 | 2022-08-23 | ARR | ULM SCOTT | Co-CEO, Dir | M - OptEx | $0.00 | +18.5K | 214.6K | +9% | $0 |
| D | 2022-08-25 | 2022-08-23 | ARR | ULM SCOTT | Co-CEO, Dir | M - OptEx | $0.00 | -18.5K | 182.6K | -9% | $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 | 7,416 | $7.06 | 207,207 | D | — | — | (F1) On August 23, 2022, the reporting person elected to convert 18,540 shares of vested phantom stock into 11,124 shares of ARMOUR common stock and to convert the remaining 7,416 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 18,540 shares are part of, and relate to, phantom stock vesting over a five-year period, reported on Form 4s filed on November 22, 2017 and January 2020, phantom stock vesting over a two-and-a-half year period, reported on Form 4 filed on May 19, 2020, and phantom stock vesting over a six-and-a-half year periods, 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 | 18,540 | $0.00 | 214,623 | D | — | — | (F1) On August 23, 2022, the reporting person elected to convert 18,540 shares of vested phantom stock into 11,124 shares of ARMOUR common stock and to convert the remaining 7,416 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 18,540 shares are part of, and relate to, phantom stock vesting over a five-year period, reported on Form 4s filed on November 22, 2017 and January 2020, phantom stock vesting over a two-and-a-half year period, reported on Form 4 filed on May 19, 2020, and phantom stock vesting over a six-and-a-half year periods, reported on a Form 4 filed on January 14, 2021. |
| 3 | Derivative | Phantom Stock | 2022-08-23 | M | D | 18,540 | $0.00 | 182,590 | D | — · — to — | 18,540 Common Stock | (F2) 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 18,540 shares of vested phantom stock into 11,124 shares of ARMOUR common stock and to convert the remaining 7,416 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 18,540 shares are part of, and relate to, phantom stock vesting over a five-year period, reported on Form 4s filed on November 22, 2017 and January 2020, phantom stock vesting over a two-and-a-half year period, reported on Form 4 filed on May 19, 2020, and phantom stock vesting over a six-and-a-half year periods, reported on a Form 4 filed on January 14, 2021. |