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 | +1.86K | +9.54% | $0.00 | 21.4K | Feb 22, 2024 | Direct | F1 |
transaction | ARR | Common Stock, par value $0.001 per share | Tax liability | -$13.9K | -740 | -3.46% | $18.80 | 20.6K | Feb 22, 2024 | 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 | -1.86K | -5.66% | $0.00 | 31K | Feb 22, 2024 | Common Stock | 1.86K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | On February 22, 2024, the reporting person elected to convert 1,120 of the 1,860 shares of vested phantom stock into 1,120 shares of ARMOUR common stock. The reporting person elected to convert the remaining 740 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,860 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 seven-and-a-half year period, which were reported on a Form 4 report filed by the reporting person on January 14, 2021 and February 16, 2023. |
F2 | Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |