GUBA THOMAS K 4
4 · Armour Residential REIT, Inc. · Filed Nov 24, 2023
Insider Transaction Report
Form 4
GUBA THOMAS K
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2023-11-21+540→ 18,145 total - Exercise/Conversion
Phantom Stock
2023-11-21−540→ 7,400 total→ Common Stock (540 underlying)
Footnotes (2)
- [F1]On November 21, 2023, the reporting person elected to convert 540 shares of vested phantom stock into 540 shares of ARMOUR common stock. The 540 shares are part of, and relate to, phantom stock vesting over a five-year period, which was reported on a Form 4 filed by the reporting person on January 14 2021 and February 14, 2023.
- [F2]Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.