| 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 | +4.05K | +6.16% | $0.00 | 69.8K | Aug 24, 2021 | Direct | F1 |
| transaction | ARR | Common Stock, par value $0.001 per share | Disposed to Issuer | -$10.9K | -1.04K | -1.49% | $10.50 | 68.7K | Aug 24, 2021 | Direct | F1 |
| 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 | -4.05K | -8.12% | $0.00 | 45.9K | Aug 24, 2021 | Common Stock | 4.05K | Direct | F1, F2 |
| Id | Content |
|---|---|
| F1 | On August 24, 2021, the reporting person elected to convert 3,011 shares out of 4,050 shares of vested phantom stock into 3,011 shares of ARMOUR common stock. The person elected to convert the remaining 1,039 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,050 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, February 25, 2020, and January 14, 2021; phantom stock vesting over a three-year period, which was reported on a Form 4 report filed by the reporting person on May 27, 2020; and phantom stock vesting over an approximately four-year period, which was reported on a Form 4 filed by the reporting person on August 26, 2020. |
| F2 | Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |