4//SEC Filing
GRUBER MARK 4
Accession 0001428205-23-000051
CIK 0001428205other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 4:24 PM ET
Size
8.8 KB
Accession
0001428205-23-000051
Insider Transaction Report
Form 4
GRUBER MARK
Chief Operating Officer
Transactions
- Exercise/Conversion
Phantom Stock
2023-02-21−8,300→ 185,300 total→ Common Stock (8,300 underlying) - Exercise/Conversion
Common Stock
2023-02-21+8,300→ 92,646 total - Disposition to Issuer
Common Stock
2023-02-21$5.63/sh−2,299$12,943→ 90,347 total
Footnotes (2)
- [F1]On February 21, 2023, the reporting person elected to convert 6,001 of the 8,300 shares s of vested phantom stock into 6,001 shares of ARMOUR common stock. The reporting person elected to convert the remaining 2,299 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 8,300 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 8/26/2020, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023.
- [F2]Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.
Documents
Issuer
Armour Residential REIT, Inc.
CIK 0001428205
Entity typeother
Related Parties
1- filerCIK 0001585875
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 4:24 PM ET
- Size
- 8.8 KB