Statement of Changes in Beneficial Ownership (4)
May 27 2020 - 4:14PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Harper Gordon |
2. Issuer Name and Ticker or Trading Symbol
Armour Residential REIT, Inc.
[
ARR
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) VP Finance and Controller |
(Last)
(First)
(Middle)
3001 OCEAN DRIVE, SUITE 201 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
5/22/2020 |
(Street)
VERO BEACH, FL 32963
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock, par value $0.001 per share | 5/22/2020 | | M | | 2500 (1) | A | $0 | 16954 | D | |
Common Stock, par value $0.001 per share | 5/22/2020 | | D | | 630 | D | $8.16 | 16324 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Phantom Stock | (2) | 5/22/2020 | | M | | | 2500 (1) | (1) | (1) | Common Stock | 2500.0 | $0 | 37600 (1) | D | |
Explanation of Responses: |
(1) | On May 22, 2020, the reporting person elected to convert 1,870 shares out of 2,500 shares of vested phantom stock into 1,870 shares of ARMOUR common stock. The person elected to convert the remaining 630 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,500 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 November 22, 2017 and January 16, 2020. |
(2) | Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Harper Gordon 3001 OCEAN DRIVE SUITE 201 VERO BEACH, FL 32963 |
|
| VP Finance and Controller |
|
Signatures
|
/s/ Gordon Harper | | 5/27/2020 |
**Signature of Reporting Person | Date |
ARMOUR Residential REIT (NYSE:ARR)
Historical Stock Chart
From Jun 2024 to Jul 2024
ARMOUR Residential REIT (NYSE:ARR)
Historical Stock Chart
From Jul 2023 to Jul 2024