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 | +2.95K | +4.88% | $0.00 | 63.4K | Nov 23, 2021 | See Footnote | F1, F2 |
holding | ARR | Common Stock, par value $0.001 per share | 1.04K | Nov 23, 2021 | Direct |
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 | -2.95K | -22.78% | $0.00 | 10K | Nov 23, 2021 | Common Stock | 2.95K | Direct | F1, F3 |
Id | Content |
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F1 | On November 23, 2021, the reporting person elected to convert 2,950 shares of vested phantom stock into 2,950 shares of ARMOUR common stock. The 2,950 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020 and phantom stock vesting over a period of approximately five years, which was reported on a Form 4 report filed by the person on January 14, 2021. |
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. |
F3 | Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |