4//SEC Filing
MOUNTAIN JAMES R 4
Accession 0001428205-24-000038
CIK 0001428205other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 4:16 PM ET
Size
8.8 KB
Accession
0001428205-24-000038
Insider Transaction Report
Form 4
MOUNTAIN JAMES R
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2024-02-22+1,860→ 21,362 total - Tax Payment
Common Stock, par value $0.001 per share
2024-02-22$18.80/sh−740$13,912→ 20,622 total - Exercise/Conversion
Phantom Stock
2024-02-22−1,860→ 31,020 total→ Common Stock (1,860 underlying)
Footnotes (2)
- [F1]On February 22, 2024, the reporting person elected to convert 1,120 of the 1,860 shares of vested phantom stock into 1,120 shares of ARMOUR common stock. The reporting person elected to convert the remaining 740 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,860 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
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 4:16 PM ET
- Size
- 8.8 KB