Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2023-05-25 00:00:00 ET · period of report 2023-05-23 · accession 0001428205-23-000115 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2023-05-25 | 2023-05-23 | ARR | PAPERIN STEWART J | Dir | M - OptEx | $0.00 | +2,600 | 86.6K | +3% | $0 |
| D | 2023-05-25 | 2023-05-23 | ARR | PAPERIN STEWART J | Dir | M - OptEx | $0.00 | -2,600 | 42.3K | -6% | $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 | 2023-05-23 | M | A | 2,600 | $0.00 | 86,566 | I See Footnote | — | — | (F2) Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust. |
| 2 | Derivative | Phantom Stock | 2023-05-23 | M | D | 2,600 | $0.00 | 42,300 | D | — · — to — | 2,600 Common Stock | (F3) Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. (F1) On May 23, 2023, the reporting person elected to convert 2,600 out of the 2,600 shares of vested phantom stock into 2,600 shares of ARMOUR common stock. The 2,600 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023. |