Behar Z Jamie 4
4 · Armour Residential REIT, Inc. · Filed Aug 23, 2024
Insider Transaction Report
Form 4
Behar Z Jamie
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2024-08-22+520→ 9,861 total - Exercise/Conversion
Phantom Stock
2024-08-22−520→ 5,840 total→ Common Stock (520 underlying)
Footnotes (2)
- [F1]On August 22, 2024, the reporting person elected to convert 520 out of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 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 14, 2021 and February 14, 2023.
- [F2]Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.