Armour Residential REIT, Inc. — Director's Dealing 2020

Feb 25, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Armour Residential REIT, Inc. (ARR)
CIK: 0001428205
Period of Report: 2020-02-21

Reporting Person: Harper Gordon (VP Finance and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-21	Common Stock, par value $0.001 per share	M	2500	—	Acquired	14454	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-21	Phantom Stock	$	M	2500	Disposed		Common Stock (2500.0)	Direct

Footnotes

F1: On February 21, 2020, the reporting person elected to convert 2,500 shares of vested phantom stock into 2,500 shares of ARMOUR common stock. The 2,500 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on November 22, 2017 and January 16, 2020.

F2: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.