SEC Form 4 · accession 0001428205-16-000348

Armour Residential REIT, Inc. · ARR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

May 4, 2016

Accepted (ET)

May 4, 2016 · 5:01 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 share	May 4, 2016	P	2,000	$19.9499	A	9,966	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
7.875% Series B Cumulative Redeemable Preferred Stock^F2,F1,F3	—	May 4, 2016	P	1,250	A	—	—	Common Stock, par value $0.001 per share	8,705	1,250	I
7.875% Series B Cumulative Redeemable Preferred Stock^F1,F3	—	holding	—	—	—	—	—	Common Stock, par value $0.001 per share	13,928	2,000	D

F1Upon the occurrence of a Change of Control (as defined in the Articles Supplementary relating to the Series B Preferred Stock) of the issuer, the reporting person will have the right to convert the shares of Series B Preferred Stock into a number of shares of common stock of the issuer per share of Series B Preferred Stock equal to the lesser of: (i) the quotient obtained by dividing (x) the sum of the $25.00 liquidation preference per share of Series B Preferred Stock plus the amount of any accumulated and unpaid dividends by (y) the Common Stock Price (as defined in the Articles Supplementary relating to the Series B Preferred Stock); and (ii) 6.9638, subject to certain adjustments indicated in the Articles Supplementary relating to the Series B Preferred Stock.
F2The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F3The Series B Preferred Stock has no expiration date.