GUBA THOMAS K 4
4 · Armour Residential REIT, Inc. · Filed Nov 26, 2021
Insider Transaction Report
Form 4
GUBA THOMAS K
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2021-11-23+2,950→ 77,725 total - Exercise/Conversion
Phantom Stock
2021-11-23−2,950→ 10,000 total→ Common Stock (2,950 underlying)
Footnotes (2)
- [F1]On November 23, 2021, the reporting person elected to convert 2,950 shares of vested phantom stock into 2,950 shares of ARMOUR common stock. The 2,950 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020 and 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.
- [F2]Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.