Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2023-11-24 00:00:00 ET · period of report 2023-11-21 · accession 0001428205-23-000207 · 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 | 2023-11-24 | 2023-11-21 | ARR | Downey Carolyn | Dir | A - Grant | $17.41 | +540 | 15.4K | +4% | +$9,401 |
| D | 2023-11-24 | 2023-11-21 | ARR | Downey Carolyn | Dir | D - Sale to Iss | $17.41 | -270 | 15.1K | -2% | -$4,701 |
| D | 2023-11-24 | 2023-11-21 | ARR | Downey Carolyn | Dir | M - OptEx | $0.00 | -540 | 7,400 | -7% | $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 | 2023-11-21 | A | A | 540 | $17.41 | 15,382 | D | — | — | (F1) Total reflects a 1 for 5 reverse stock split that occurred on September 29, 2023. |
| 2 | Common | Common Stock, par value $0.001 per share | 2023-11-21 | D | D | 270 | $17.41 | 15,112 | D | — | — | |
| 3 | Derivative | Phantom Stock | 2023-11-21 | M | D | 540 | $0.00 | 7,400 | D | — · — to — | 540 Common Stock | (F1) Total reflects a 1 for 5 reverse stock split that occurred on September 29, 2023. (F2) Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. (F3) On November 21, 2023, the reporting person elected to convert 270 of the 540 shares of vested phantom stock into 270 shares of ARMOUR common stock. The reporting person elected to convert the remaining 270 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 540 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. |