Stewart J. Paperin - Jul 1, 2021 Form 4 Insider Report for Armour Residential REIT, Inc. (ARR)

Role
Director
Signature
/s/ Stewart J. Paperin
Stock symbol
ARR
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/6/2021, 04:13 PM
Previous filing
Jun 29, 2021
Next filing
Aug 26, 2021

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 Award +1.44K +2.64% 56.1K Jul 1, 2021 See Footnote F1, F2
holding ARR Common Stock, par value $0.001 per share 1.04K Jul 1, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 1, 2021, the reporting person received 1,444 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 1,444 shares of stock represent the reporting person's election of stock compensation for the past quarter.
F2 Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust.