| 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 | +2.4K | +3.84% | $0.00 | 64.9K | May 23, 2023 | Direct | F1 |
| transaction | ARR | Common Stock, par value $0.001 per share | Options Exercise | $0 | +3.5K | +5.39% | $0.00 | 68.4K | May 23, 2023 | Direct | F2 |
| 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 | -2.4K | -2.59% | $0.00 | 90.3K | May 23, 2023 | Common Stock | 2.4K | Direct | F1, F3 | |
| transaction | ARR | Phantom Stock | Options Exercise | $0 | -3.5K | -3.88% | $0.00 | 86.8K | May 23, 2023 | Common Stock | 3.5K | Direct | F2, F3 |
| Id | Content |
|---|---|
| F1 | On May 23, 2023, the reporting person elected to convert 2,400 of the 2,400 shares of vested phantom stock into 2,400 shares of ARMOUR common stock. The 2,400 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021. |
| F2 | On May 23, 2023, the reporting person elected to convert 3,500 of the 3,500 shares of vested phantom stock into 3,500 shares of ARMOUR common stock. The 3,500 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, January 14, 2021 and February 14, 2023. |
| F3 | Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |