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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1428205	Armour Residential Reit Inc.	ARR	Real Estate Investment Trusts (6798)	261908763

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1557465	R James Mountain	3001 Ocean Drive Suite 201 Vero Beach FL 32963	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.001 Per Share	Disposition	2021-10-01	33,700	$10.81	55,110	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Par Value $0.001 Per Share	7.00% Series C Cumulative Redeemable Preferred Stock	Disposition	2021-07-27	500	$0.00	1,307	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,500			No	5	G	Indirect

Footnotes

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $10.78 to $10.86, inclusive. The reporting person undertakes to provide ARMOUR Residential REIT, Inc., any security holder of ARMOUR Residential REIT, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1).
Upon the occurrence of a Change of Control (as defined in the Articles Supplementary relating to the Series C Preferred Stock) of the issuer, the reporting person will have the right to convert the shares of Series C Preferred Stock into a number of shares of common stock of the issuer per share of Series C 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 C 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 C Preferred Stock); and (ii) 2.613696, subject to certain adjustments indicated in the Articles Supplementary relating to the Series C Preferred Stock.
The Series C Preferred Stock has no expiration date.