| 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 | +4.35% | $0.00 | 16.8K | Feb 22, 2024 | Direct | F1 |
| transaction | ARR | Common Stock, par value $0.001 per share | Options Exercise | $0 | +480 | +2.86% | $0.00 | 17.3K | Feb 22, 2024 | 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 | -700 | -4.68% | $0.00 | 14.3K | Feb 22, 2024 | Common Stock | 700 | Direct | F1, F3 | |
| transaction | ARR | Phantom Stock | Options Exercise | $0 | -480 | -3.37% | $0.00 | 13.8K | Feb 22, 2024 | Common Stock | 480 | Direct | F2, F3 |
| Id | Content |
|---|---|
| F1 | On February 22, 2024. the reporting person elected to convert 700 of the 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 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 February 22, 2024, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 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. |