Home/Filings/4/0001428205-24-000252
4//SEC Filing

STATON DANIEL C 4

Accession 0001428205-24-000252

CIK 0001428205other

Filed

Nov 21, 7:00 PM ET

Accepted

Nov 22, 5:38 PM ET

Size

11.7 KB

Accession

0001428205-24-000252

Insider Transaction Report

Form 4
Period: 2024-11-20
Transactions
  • Exercise/Conversion

    Phantom Stock

    2024-11-2072010,690 total
    Common Stock (720 underlying)
  • Exercise/Conversion

    Phantom Stock

    2024-11-2050010,190 total
    Common Stock (500 underlying)
  • Exercise/Conversion

    Common Stock, par value $0.001 per share

    2024-11-20+72024,760 total(indirect: See Footnote.)
  • Exercise/Conversion

    Common Stock, par value $0.001 per share

    2024-11-20+50025,260 total(indirect: See Footnote.)
Footnotes (4)
  • [F1]On November 20, 2024, the reporting person elected to convert 720 of the 720 shares of vested phantom stock into 720 shares of ARMOUR common stock. The 720 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, January 14, 2021 and February 14, 2023.
  • [F2]Represents shares owned indirectly through DM Staton Family Limited Partnership. The reporting person is a general partner and a limited partner of DM Staton Family Limited Partnership. The reporting person has a pecuniary interest in the shares held by DM Staton Family Limited Partnership.
  • [F3]On November 20, 2024, the reporting person elected to convert 500 of the 500 shares of vested phantom stock into 500 shares of ARMOUR common stock. The 500 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, and February 14, 2023 and 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.
  • [F4]Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

Issuer

Armour Residential REIT, Inc.

CIK 0001428205

Entity typeother

Related Parties

1
  • filerCIK 0001024240

Filing Metadata

Form type
4
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 5:38 PM ET
Size
11.7 KB