4//SEC Filing
Zimmer Jeffrey J 4
Accession 0001428205-23-000111
CIK 0001428205other
Filed
May 24, 8:00 PM ET
Accepted
May 25, 5:12 PM ET
Size
8.8 KB
Accession
0001428205-23-000111
Insider Transaction Report
Form 4
Zimmer Jeffrey J
DirectorCo-CEO and President
Transactions
- Exercise/Conversion
Common Stock
2023-05-23+21,900→ 228,516 total - Exercise/Conversion
Phantom Stock
2023-05-23−21,900→ 400,250 total→ Common Stock (21,900 underlying) - Disposition to Issuer
Common Stock
2023-05-23$4.82/sh−8,760$42,223→ 219,756 total
Footnotes (2)
- [F1]On May 23, 2023, the reporting person elected to convert 13,140 of the 21,900 shares of vested phantom stock into 13,140 shares of ARMOUR common stock. The reporting person elected to convert the remaining 8,760 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 21,900 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, 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 0001303087
Filing Metadata
- Form type
- 4
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 5:12 PM ET
- Size
- 8.8 KB