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 | +3K | +9.96% | $0.00 | 33.1K | Aug 24, 2021 | Direct | F1, F2 |
transaction | ARR | Common Stock, par value $0.001 per share | Disposed to Issuer | -$9.28K | -884 | -2.86% | $10.50 | 30K | Aug 24, 2021 | Direct | F1, F2 |
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 | -3K | -9.74% | $0.00 | 27.8K | Aug 24, 2021 | Common Stock | 3K | Direct | F1, F3 |
Id | Content |
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F1 | The original Form 4 reported 2900 rather than 3000 shares of phantom stock being vested and 784 rather then 884 shares being converted to cash. The footnote should have read: On August 24, 2021, the reporting person elected to convert 2,116 shares out of 3,000 shares of vested phantom stock into 2,116 shares of ARMOUR common stock. The person elected to convert the remaining 884 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,116 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 | Amounts reported reflect the current amounts rather then the amounts reported as of August 24, 2021, which only shows a 100 share change in the total. |
F3 | Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |