MARC H. BELL - 24 Aug 2021 Form 4 Insider Report for Armour Residential REIT, Inc. (ARR)

Role
Director
Signature
/s/ Marc H. Bell
Issuer symbol
ARR
Transactions as of
24 Aug 2021
Net transactions value
$0
Form type
4
Filing time
26 Aug 2021, 16:42:23 UTC
Previous filing
26 May 2021
Next filing
26 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARR Common Stock, par value $0.001 per share Options Exercise $0 +2,100 +7.2% $0.000000 31,094 24 Aug 2021 Direct F1
transaction ARR Common Stock, par value $0.001 per share Options Exercise $0 +2,400 +7.7% $0.000000 33,494 24 Aug 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ARR Phantom Stock Options Exercise $0 -2,100 -2.4% $0.000000 84,050 24 Aug 2021 Common Stock 2,100 Direct F1, F3
transaction ARR Phantom Stock Options Exercise $0 -2,400 -2.9% $0.000000 81,650 24 Aug 2021 Common Stock 2,400 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 24, 2021, the reporting person elected to convert 2,100 shares of vested phantom stock into 2,100 shares of ARMOUR common stock. The 2,100 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 November 22, 2017, January 16, 2020, and January 14, 2021.
F2 On August 24, 2021, the reporting person elected to convert 2,400 shares of vested phantom stock into 2,400 shares of ARMOUR common stock. The 2,400 shares are part of, and relate to, phantom stock vesting over a five-year period, which was reported on the Form 4 reports filed by the reporting person on January 14, 2021.
F3 Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.