Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARR | Common Stock | Options Exercise | $0 | +700 | +1.46% | $0.00 | 48.7K | Nov 22, 2022 | Direct | F1 |
transaction | ARR | Common Stock | Disposed to Issuer | -$1.59K | -280 | -0.58% | $5.67 | 48.4K | Nov 22, 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 | -700 | -8.54% | $0.00 | 7.5K | Nov 22, 2022 | Common Stock | 700 | Direct | F1, F2 |
Id | Content |
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F1 | On November 22, 2022, the reporting person elected to convert 420 of the 700 shares of vested phantom stock into 420 shares of ARMOUR common stock. The reporting person elected to convert the remaining 280 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 700 shares are part of, and relate to, phantom stock vesting over an approximate five-year periods, which was reported on Form 4 report 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. |