Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2022-11-25 00:00:00 ET · period of report 2022-11-22 · accession 0001428205-22-000174 · 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 | MOUNTAIN JAMES R | CFO | D - Sale to Iss | $5.67 | -2,670 | 75.1K | -3% | -$15.1K |
| D | 2022-11-25 | 2022-11-22 | ARR | MOUNTAIN JAMES R | CFO | M - OptEx | $0.00 | +6,670 | 77.8K | +9% | $0 |
| D | 2022-11-25 | 2022-11-22 | ARR | MOUNTAIN JAMES R | CFO | M - OptEx | $0.00 | -6,670 | 33.6K | -17% | $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 | 2022-11-22 | D | D | 2,670 | $5.67 | 75,110 | D | — | — | |
| 2 | Common | Common Stock, par value $0.001 per share | 2022-11-22 | M | A | 6,670 | $0.00 | 77,780 | D | — | — | |
| 3 | Derivative | Phantom Stock | 2022-11-22 | M | D | 6,670 | $0.00 | 33,600 | D | — · — to — | 6,670 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 4,000 of the 6,670 shares of vested phantom stock into 4,000 shares of ARMOUR common stock. The reporting person elected to convert the remaining 2,670 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,670 shares are part of, and relate to, phantom stock vesting over a five-year period, which was reported on a Form 4 filed on November 22,2017 and January 16, 2022; phantom stock vesting over a two-and-a-half year periods, reported on Form 4 filed May 19,2020 and phantom stock vesting over an approximate five-year period, which was reported on a Form 4 filed January 14, 2021. |