GUBA THOMAS K 4
4 · Armour Residential REIT, Inc. · Filed Nov 25, 2022
Insider Transaction Report
Form 4
GUBA THOMAS K
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2022-11-22+700→ 80,225 total - Exercise/Conversion
Phantom Stock
2022-11-22−700→ 7,500 total→ Common Stock (700 underlying)
Footnotes (2)
- [F1]On November 22, 2022, the reporting person elected to convert 700 shares of vested phantom Stock into 700 shares of ARMOUR common stock. The 700 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 filed January 14, 2021.
- [F2]Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.