SEC Form 4 · accession 0001428205-17-000072
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 3, 2017
Accepted (ET)
Apr 5, 2017 · 7:06 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 3, 2017 | M | 345 | — | A | 11,277 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 3, 2017, the reporting person elected to redeem 345 shares out of 610 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 345 shares of ARMOUR's common stock. The reporting person also elected to redeem the remaining 265 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 345 shares are part of, and relate to, phantom stock vesting over a four and one-half-year period, which was reported on a Form 3 filed by the reporting person on September 6, 2013.