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 | +8.7% | $0.00 | 37.5K | Nov 22, 2022 | Direct | F1 |
transaction | ARR | Common Stock, par value $0.001 per share | Disposed to Issuer | -$3.85K | -679 | -1.81% | $5.67 | 36.8K | 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 | -3K | -13.76% | $0.00 | 18.8K | Nov 22, 2022 | Common Stock | 3K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | On November 22, 2022, the reporting person elected to convert 2,321 of the 3,000 shares of vested phantom stock into 2,321 shares of ARMOUR common stock. The reporting person elected to convert the remaining 679 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,000 shares are part of, and relate to, phantom stock vesting over a period of approximately five years, reported on a Form 4 filed January 16, 2000 and phantom stock vesting over an approximate five 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. |