Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2022-11-25 00:00:00 ET · period of report 2022-11-22 · accession 0001428205-22-000173 · 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 | GRUBER MARK | CIO | D - Sale to Iss | $5.67 | -795 | 84.3K | -0.9% | -$4,508 |
| D | 2022-11-25 | 2022-11-22 | ARR | GRUBER MARK | CIO | M - OptEx | $0.00 | +4,050 | 85.1K | +5% | $0 |
| D | 2022-11-25 | 2022-11-22 | ARR | GRUBER MARK | CIO | M - OptEx | $0.00 | -4,050 | 25.6K | -14% | $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 | D | D | 795 | $5.67 | 84,346 | D | — | — | |
| 2 | Common | Common Stock | 2022-11-22 | M | A | 4,050 | $0.00 | 85,141 | D | — | — | |
| 3 | Derivative | Phantom Stock | 2022-11-22 | M | D | 4,050 | $0.00 | 25,600 | D | — · — to — | 4,050 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 3,255 of the 4,050 shares of vested phantom stock into 3,255 shares of ARMOUR common stock. The reporting person elected to convert the remaining 795 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,050 shares are part of, and relate to, phantom stock vesting vesting over a five-year period, reported on a Form 4 filed on November 22, 2017, February 25, 2020 and January 14, 2021; phantom stock vesting over a three-year period, reported on a Form 4 filed May 7, 2020, and phantom stock vesting over an approximately four-year period, reported on a Form 4 filed on August 26, 2020. |