GUBA THOMAS K 4
4 · Armour Residential REIT, Inc. · Filed Feb 25, 2022
Insider Transaction Report
Form 4
GUBA THOMAS K
Director
Transactions
- Exercise/Conversion
Phantom Stock
2022-02-23−600→ 9,400 total→ Common Stock (600 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2022-02-23+600→ 78,325 total
Footnotes (2)
- [F1]On February 23, 2022, the reporting person elected to convert 600 shares of vested phantom stock into 600 shares of ARMOUR common stock. The 600 shares are part of, and relate to, phantom stock vesting over a period of approximately five years, which was reported on a Form 4 report filed by the person on January 14, 2021.
- [F2]Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.