| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARR | Common Stock | Options Exercise | $0 | +4.38K | +9.4% | $0.00 | 51K | Nov 21, 2023 | Direct | F1, F2 |
| transaction | ARR | Common Stock | Disposed to Issuer | -$30.5K | -1.75K | -3.44% | $17.41 | 49.2K | Nov 21, 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 | -4.38K | -5.79% | $0.00 | 71.3K | Nov 21, 2023 | Common Stock | 4.38K | Direct | F1, F3 |
| Id | Content |
|---|---|
| F1 | On November 21, 2023, the reporting person elected to convert 2,628 of the 4,380 shares of vested phantom stock into 2,628 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,752 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,628 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, 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 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023. 2. Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |
| 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. |