Form 4 for ARR Armour Residential REIT, Inc.
Accepted 2022-02-25 00:00:00 ET · period of report 2022-02-23 · accession 0001628280-22-004050 · 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 | HOLLIHAN JOHN P III | Dir | M - OptEx | $0.00 | +600 | 47.5K | +1% | $0 |
| D | 2022-02-25 | 2022-02-23 | ARR | HOLLIHAN JOHN P III | Dir | D - Sale to Iss | $8.27 | -240 | 47.2K | -0.5% | -$1,985 |
| D | 2022-02-25 | 2022-02-23 | ARR | HOLLIHAN JOHN P III | Dir | M - OptEx | $0.00 | -600 | 9,400 | -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 | 2022-02-23 | M | A | 600 | $0.00 | 47,486 | D | — | — | (F1) On February 23, 2022, the reporting person elected to convert 360 of the 600 shares of vested phantom stock into 360 shares of ARMOUR common stock. The reporting person elected to convert the remaining 240 shares of vested phantom stock into cash soley to pay income taxes on the vested stock. The 600 shares are part of, and relate to, phantom stock vesting over a period of approximately five years, which was reported on a Form 4 report filed by the person on January 14, 2021. |
| 2 | Common | Common Stock | 2022-02-23 | D | D | 240 | $8.27 | 47,246 | D | — | — | |
| 3 | Derivative | Phantom Stock | 2022-02-23 | M | D | 600 | $0.00 | 9,400 | D | — · — to — | 600 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 360 of the 600 shares of vested phantom stock into 360 shares of ARMOUR common stock. The reporting person elected to convert the remaining 240 shares of vested phantom stock into cash soley to pay income taxes on the vested stock. The 600 shares are part of, and relate to, phantom stock vesting over a period of approximately five years, which was reported on a Form 4 report filed by the person on January 14, 2021. |