Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2022-11-25 00:00:00 ET · period of report 2022-11-22 · accession 0001428205-22-000171 · 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 | 2022-11-25 | 2022-11-22 | ARR | HOLLIHAN JOHN P III | Dir | M - OptEx | $0.00 | +700 | 48.7K | +1% | $0 |
| D | 2022-11-25 | 2022-11-22 | ARR | HOLLIHAN JOHN P III | Dir | D - Sale to Iss | $5.67 | -280 | 48.4K | -0.6% | -$1,588 |
| D | 2022-11-25 | 2022-11-22 | ARR | HOLLIHAN JOHN P III | Dir | M - OptEx | $0.00 | -700 | 7,500 | -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 | 2022-11-22 | M | A | 700 | $0.00 | 48,666 | D | — | — | |
| 2 | Common | Common Stock | 2022-11-22 | D | D | 280 | $5.67 | 48,386 | D | — | — | |
| 3 | Derivative | Phantom Stock | 2022-11-22 | M | D | 700 | $0.00 | 7,500 | D | — · — to — | 700 Common Stock | (F2) Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. (F1) On November 22, 2022, the reporting person elected to convert 420 of the 700 shares of vested phantom stock into 420 shares of ARMOUR common stock. The reporting person elected to convert the remaining 280 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 700 shares are part of, and relate to, phantom stock vesting over an approximate five-year periods, which was reported on Form 4 report filed by the reporting person on January 14, 2021. |