Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2023-02-23 00:00:00 ET · period of report 2023-02-21 · accession 0001428205-23-000050 · 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 | 2023-02-23 | 2023-02-21 | ARR | Downey Carolyn | Dir | D - Sale to Iss | $5.63 | -1,300 | 61.5K | -2% | -$7,319 |
| D | 2023-02-23 | 2023-02-21 | ARR | Downey Carolyn | Dir | M - OptEx | $0.00 | +2,600 | 62.8K | +4% | $0 |
| D | 2023-02-23 | 2023-02-21 | ARR | Downey Carolyn | Dir | M - OptEx | $0.00 | -2,600 | 44.9K | -5% | $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 | 2023-02-21 | D | D | 1,300 | $5.63 | 61,494 | D | — | — | |
| 2 | Common | Common Stock, par value $0.001 per share | 2023-02-21 | M | A | 2,600 | $0.00 | 62,794 | D | — | — | |
| 3 | Derivative | Phantom Stock | 2023-02-21 | M | D | 2,600 | $0.00 | 44,900 | D | — · — to — | 2,600 Common Stock | (F2) Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. (F1) On February 21, 2023, the reporting person elected to convert 1,300 shares out of 2600 shares of vested phantom stock into 1,300 shares of ARMOUR common stock. The person elected to convert the remaining 1,300 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,600 shares are part of, and relate to, phantom stock vesting over a five-year period, which was reported on Form 4s filed by the reporting person on January 14, 2021 and February 14, 2023. |