SEC Form 4 · accession 0001428205-18-000231
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
Aug 22, 2018
Accepted (ET)
Aug 24, 2018 · 7:17 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,F2 | Aug 22, 2018 | M | 600 | $0.00 | A | 268,473 | I | See Footnote. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F3 | — | Aug 22, 2018 | M | 600 | D | — | — | Common Stock | 600 | 10,400 | D |
Explanation of responses
- F1On August 22, 2018, the reporting person elected to convert 600 shares of vested phantom stock into 600 shares of ARMOUR common stock. The 600 shares are part of, and relate to, phantom stock vesting over a five-year period, which was reported on a Form 4 filed by the reporting person on November 22, 2017.
- F2Represents 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.
- F3Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.