Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2022-02-25 00:00:00 ET · period of report 2022-02-23 · accession 0001628280-22-004044 · 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 | 2022-02-25 | 2022-02-23 | ARR | GRUBER MARK | CIO | D - Sale to Iss | $8.27 | -1,100 | 74.7K | -1% | -$9,097 |
| D | 2022-02-25 | 2022-02-23 | ARR | GRUBER MARK | CIO | M - OptEx | $0.00 | +4,050 | 75.8K | +6% | $0 |
| D | 2022-02-25 | 2022-02-23 | ARR | GRUBER MARK | CIO | M - OptEx | $0.00 | -4,050 | 37.8K | -10% | $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 | 2022-02-23 | D | D | 1,100 | $8.27 | 74,695 | D | — | — | (F1) On February 23, 2022, the reporting person elected to convert 2,950 shares out of 4,050 shares of vested phantom stock into 2,950 shares of ARMOUR common stock. The person elected to convert the remaining 1,100 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,050 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 November 22, 2017, February 25, 2020, and January 14, 2021; phantom stock vesting over a three-year period, which was reported on a Form 4 report filed by the reporting person on May 27, 2020; and phantom stock vesting over an approximately four-year period, which was reported on a Form 4 filed by the reporting person on August 26, 2020. |
| 2 | Common | Common Stock | 2022-02-23 | M | A | 4,050 | $0.00 | 75,795 | D | — | — | (F1) On February 23, 2022, the reporting person elected to convert 2,950 shares out of 4,050 shares of vested phantom stock into 2,950 shares of ARMOUR common stock. The person elected to convert the remaining 1,100 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,050 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 November 22, 2017, February 25, 2020, and January 14, 2021; phantom stock vesting over a three-year period, which was reported on a Form 4 report filed by the reporting person on May 27, 2020; and phantom stock vesting over an approximately four-year period, which was reported on a Form 4 filed by the reporting person on August 26, 2020. |
| 3 | Derivative | Phantom Stock | 2022-02-23 | M | D | 4,050 | $0.00 | 37,750 | D | — · — to — | 4,050 Common Stock | (F2) Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. (F1) On February 23, 2022, the reporting person elected to convert 2,950 shares out of 4,050 shares of vested phantom stock into 2,950 shares of ARMOUR common stock. The person elected to convert the remaining 1,100 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,050 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 November 22, 2017, February 25, 2020, and January 14, 2021; phantom stock vesting over a three-year period, which was reported on a Form 4 report filed by the reporting person on May 27, 2020; and phantom stock vesting over an approximately four-year period, which was reported on a Form 4 filed by the reporting person on August 26, 2020. |