Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARR | Common Stock | Options Exercise | $0 | +600 | +1.27% | $0.00 | 47.8K | May 23, 2022 | Direct | F1 |
transaction | ARR | Common Stock | Disposed to Issuer | -$1.76K | -240 | -0.5% | $7.33 | 47.6K | May 23, 2022 | 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 | -600 | -6.38% | $0.00 | 8.8K | May 23, 2022 | Common Stock | 600 | Direct | F1, F2 |
Id | Content |
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F1 | On May 23, 2022, the reporting person elected to convert 360 of the 600 shares of vested phantom stock into 360 shares of ARMOUR common stock. The reporting person elected to convert the remaining 240 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 600 shares are part of , and relate to, phantom stock vesting over a period of approximately five years, which was reported on a Form 4 filed by the reporting person on January 14, 2021. |
F2 | Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |