SEC Form 4 · accession 0001428205-15-000085
Armour Residential REIT, Inc. · ARR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Hollihan III
Director
Period of report
Apr 2, 2015
Accepted (ET)
Apr 6, 2015 · 6:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001428205
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | Apr 2, 2015 | M | 251 | — | A | 61,000 | D | |
| Common Stock, par value $0.001 per shareF1 | Apr 2, 2015 | A | 3,123 | — | A | 64,123 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 2, 2015, the reporting person elected to redeem 251 shares of vested phantom stock previously granted under ARMOUR Residential REIT, Inc.'s Amended and Restated 2009 Stock Incentive Plan into 251 shares of ARMOUR's common stock and received 3,123 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, the reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, or a combination of stock and cash at the option of the director. The 3,123 shares of stock represent the reporting person's election of stock compensation for the past quarter.