| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARR | Common Stock, par value $0.001 per share | Sale | -$311K | -28.8K | -100% | $10.80 | 0 | Sep 30, 2021 | By ARMOUR Capital Management LP | F1, F2, F3 |
| holding | ARR | Common Stock, par value $0.001 per share | 171K | Sep 30, 2021 | Direct |
| Id | Content |
|---|---|
| F1 | The shares were part of 80,000 shares sold by ARMOUR Capital Management LP ("ACM"), a limited partnership that is the external manager of the issuer. Mr. Zimmer is reporting a sale by ACM of the shares in which he has a pecuniary interest based on his proportionate ownership interest in ACM. |
| F2 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $10.77 to $10.84, inclusive. The reporting person undertakes to provide ARMOUR Residential REIT, Inc., any security holder of ARMOUR Residential REIT, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1). |
| F3 | The reported shares were held directly by ACM. The 80,000 shares held by ACM were reported in the aggregate for both Mr. Zimmer and Mr. Ulm, a Co-CEO of the issuer, in previous Form 4 reports. Mr. Zimmer is the sole controlling member of Remmiz LLC, which is one of the general partners of ACM, along with an entity controlled by Mr. Ulm. |