4//SEC Filing
MOUNTAIN JAMES R 4
Accession 0001428205-23-000158
CIK 0001428205other
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 4:25 PM ET
Size
8.8 KB
Accession
0001428205-23-000158
Insider Transaction Report
Form 4
MOUNTAIN JAMES R
Chief Financial Officer
Transactions
- Exercise/Conversion
Phantom Stock
2023-08-22−9,300→ 173,700 total→ Common Stock (9,300 underlying) - Disposition to Issuer
Common Stock, par value $0.001 per share
2023-08-22$4.63/sh−3,700$17,131→ 91,910 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2023-08-22+9,300→ 95,610 total
Footnotes (2)
- [F1]On August 22, 2023, the reporting person elected to convert 5,600, of the 9,300 shares of vested phantom stock into 5,600 shares of ARMOUR common stock. The reporting person elected to convert the remaining 3,700 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 9,300 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, phantom stock vesting over a seven-and-a-half year period, which were reported on a Form 4 report filed by the reporting person on January 14, 2021 and 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 0001557465
Filing Metadata
- Form type
- 4
- Filed
- Aug 23, 8:00 PM ET
- Accepted
- Aug 24, 4:25 PM ET
- Size
- 8.8 KB