Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARR | Common Stock | Options Exercise | $0 | +8.3K | +8.58% | $0.00 | 105K | Aug 22, 2023 | Direct | F1 |
transaction | ARR | Common Stock | Disposed to Issuer | -$8.94K | -1.93K | -1.84% | $4.63 | 103K | Aug 22, 2023 | 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 | -8.3K | -4.69% | $0.00 | 169K | Aug 22, 2023 | Common Stock | 8.3K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | On August 22, 2023, the reporting person elected to convert 6,370, of the 8,300 shares of vested phantom stock into 6,370 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,930 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 8,300 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 June 30, 2020, phantom stock vesting over a six-and-a-half year period, reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-and-a-half year period, reported on a Form 4 report filed by the reporting person on February 16, 2023. |
F2 | Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |