| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARR | Common Stock | Options Exercise | $0 | +1,660 | +8.1% | $0.000000 | 22,270 | 21 Nov 2023 | Direct | F1, F2 |
| transaction | ARR | Common Stock | Disposed to Issuer | $5,954 | -342 | -1.5% | $17.41 | 21,928 | 21 Nov 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 | -1,660 | -4.9% | $0.000000 | 32,080 | 21 Nov 2023 | Common Stock | 1,660 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | On November 21, 2023, the reporting person elected to convert 1,318, of the1,660 shares of vested phantom stock into 1,318 shares of ARMOUR common stock. The reporting person elected to convert the remaining 342 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,660 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 reportingperson 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 | Total reflects a 1 for 5 reverse stock split that occurred on September 29, 2023. |
| F3 | Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |