Behar Z Jamie 4
4 · Armour Residential REIT, Inc. · Filed Nov 22, 2024
Insider Transaction Report
Form 4
Behar Z Jamie
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2024-11-20+540→ 10,401 total - Exercise/Conversion
Phantom Stock
2024-11-20−540→ 5,300 total→ Common Stock (540 underlying)
Footnotes (2)
- [F1]On November 20, 2024, the reporting person elected to convert 540 out of the 540 shares of vested phantom stock into 540 shares of ARMOUR common 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 14, 2021 and February 14, 2023.
- [F2]Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.