Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARR | Common Stock | Options Exercise | $0 | +18.5K | +9.06% | $0.00 | 223K | Aug 23, 2022 | Direct | F1 |
transaction | ARR | Common Stock | Disposed to Issuer | -$52.4K | -7.42K | -3.32% | $7.06 | 216K | Aug 23, 2022 | 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 | -18.5K | -9.22% | $0.00 | 183K | Aug 23, 2022 | Common Stock | 18.5K | Direct | F1, F2 |
Id | Content |
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F1 | On August 23, 2022, the reporting person elected to convert 18,540 shares of vested phantom stock into 11,124 shares of ARMOUR common stock and to convert the remaining 7,416 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 18,540 shares are part of, and relate to, phantom stock vesting over five-year period, reported on Form 4s filed on November 22, 2017 and January 2020, phantom stock vesting over a two-and-a-half year period, reported on a Form 4 filed on May 19, 2020, and phantom stock vesting over a six-and-a-half year period, reported on a Form 4 filed on January 14, 2021. |
F2 | Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |