4//SEC Filing
ULM SCOTT 4
Accession 0001428205-24-000250
CIK 0001428205other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 5:37 PM ET
Size
8.9 KB
Accession
0001428205-24-000250
Insider Transaction Report
Form 4
ULM SCOTT
Co-CEO and CIO
Transactions
- Exercise/Conversion
Phantom Stock
2024-11-20−4,380→ 53,770 total→ Common Stock (4,380 underlying) - Tax Payment
Common Stock, par value $0.001 per share
2024-11-20$18.43/sh−1,752$32,289→ 64,690 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2024-11-20+4,380→ 66,442 total
Footnotes (2)
- [F1]On November 20, 2024, the reporting person elected to convert 2,628 of the 4,380 shares of vested phantom stock into 2,628 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,752 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,380 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 0001469064
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 5:37 PM ET
- Size
- 8.9 KB