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 | +700 | +0.94% | $0.00 | 75.3K | Nov 22, 2022 | See Footnote | F1, F2 |
holding | ARR | Common Stock, par value $0.001 per share | 1.04K | Nov 22, 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 | -700 | -8.54% | $0.00 | 7.5K | Nov 22, 2022 | Common Stock | 700 | Direct | F1, F3 |
Id | Content |
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F1 | On November 22, 2022, the reporting person elected to convert 700 shares of vested phantom stock into 700 shares of ARMOUR common stock. The 700 shares are part of, and relate to, phantom stock vesting over an approximate five year period, reported on a Form 4 on January 14, 2021. |
F2 | Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust. |
F3 | Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |