Daniel C. Staton - Nov 22, 2022 Form 4 Insider Report for Armour Residential REIT, Inc. (ARR)

Role
Chairman of the Board, Director
Signature
/s/ Daniel C. Staton
Stock symbol
ARR
Transactions as of
Nov 22, 2022
Transactions value $
$0
Form type
4
Date filed
11/25/2022, 05:05 PM
Previous filing
Oct 17, 2022
Next filing
Feb 16, 2023
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 +2.3K +0.69% $0.00 335K Nov 22, 2022 See Footnote. F1, F2
transaction ARR Common Stock, par value $0.001 per share Options Exercise $0 +2.5K +0.75% $0.00 337K Nov 22, 2022 See Footnote. F2, F3

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 -2.3K -3.63% $0.00 61.1K Nov 22, 2022 Common Stock 2.3K Direct F1, F4
transaction ARR Phantom Stock Options Exercise $0 -2.5K -4.1% $0.00 58.6K Nov 22, 2022 Common Stock 2.5K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 22, 2022, the reporting person elected to convert 2,300 shares of vested phantom Stock into 2,300 shares of ARMOUR common stock. The 2,300 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 15, 2020, and January 14, 2021.
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 22, 2022, the reporting person elected to convert 2,500 shares of vested phantom Stock into 2,500 shares of ARMOUR common stock. The 2,500 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on the 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.