SEC Form 4 · accession 0001428205-15-000089
Armour Residential REIT, Inc. · ARR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Gruber
Officer — Chief Operating Officer
Period of report
Apr 2, 2015
Accepted (ET)
Apr 6, 2015 · 6:55 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 | 4,201 | — | A | 43,278 | 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 4,201 shares out of 5,383 shares of vested phantom stock previously granted under ARMOUR Residential REIT, Inc.'s Amended and Restated 2009 Stock Incentive Plan into 4,201 shares of ARMOUR's common stock. The reporting person also elected to redeem the remaining 1,182 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 4,201 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on a Form 3 filed by the reporting person on September 6, 2013.