4//SEC Filing
Downey Carolyn 4
Accession 0001428205-24-000256
CIK 0001428205other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 5:42 PM ET
Size
8.5 KB
Accession
0001428205-24-000256
Insider Transaction Report
Form 4
Downey Carolyn
Director
Transactions
- Exercise/Conversion
Phantom Stock
2024-11-20−540→ 5,300 total→ Common Stock (540 underlying) - Tax Payment
Common Stock, par value $0.001 per share
2024-11-20$18.43/sh−270$4,976→ 19,509 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2024-11-20+540→ 19,779 total
Footnotes (2)
- [F1]On November 20, 2024, the reporting person elected to convert 270 of the 540 shares of vested phantom stock into 270 shares of ARMOUR common stock. The reporting person elected to convert the remaining 270 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 540 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.
- [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 0001455810
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 5:42 PM ET
- Size
- 8.5 KB