SEC Form 4 · accession 0001428205-16-000328
Armour Residential REIT, Inc. · ARR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel C Staton
Officer — Chairman of the Board · Director
Period of report
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 8:21 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 | Jan 8, 2016 | G | 245 | $0.00 | D | 0 | I | By Wife |
| Common Stock, par value $0.001 per shareF2,F3 | Apr 1, 2016 | A | 766 | — | A | 260,285 | I | See Footnote. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares disposed of in a bona fide gift.
- F2On April 1, 2016, the reporting person received 766 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, cash, or a combination of stock and cash at the option of the director. The 766 shares of stock represent the reporting person's election of stock compensation for the past quarter.
- F3Represents shares owned indirectly through DM Staton Family Limited Partnership. The reporting person is a general partner and a limited partner of DM Staton Family Limited Partnership. The reporting person has a pecuniary interest in the shares held by DM Staton Family Limited Partnership.