Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2023-08-24 00:00:00 ET · period of report 2023-08-22 · accession 0001428205-23-000155 · 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 | 2023-08-24 | 2023-08-22 | ARR | HOLLIHAN JOHN P III | Dir | D - Sale to Iss | $0.00 | -1,040 | 53.1K | -2% | $0 |
| D | 2023-08-24 | 2023-08-22 | ARR | HOLLIHAN JOHN P III | Dir | M - OptEx | $0.00 | +2,600 | 54.1K | +5% | $0 |
| D | 2023-08-24 | 2023-08-22 | ARR | HOLLIHAN JOHN P III | Dir | M - OptEx | $0.00 | -2,600 | 39.7K | -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 | 2023-08-22 | D | D | 1,040 | $0.00 | 53,066 | D | — | — | |
| 2 | Common | Common Stock | 2023-08-22 | M | A | 2,600 | $0.00 | 54,106 | D | — | — | |
| 3 | Derivative | Phantom Stock | 2023-08-22 | M | D | 2,600 | $0.00 | 39,700 | D | — · — to — | 2,600 Common Stock | (F1) On August 22, 2023, the reporting person elected to convert 1,560 of the 2,600 shares of vested phantom stock into 1,560 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,040 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 five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023. (F2) Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |