ARR

SEC source: 0001428205-20-000335 · wf-form4_160625732456673.xml · nonDerivative · entry 2

GRUBER MARK · CIK 0001585875 · CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,930

F1 · shares: On November 23, 2020, the reporting person elected to convert 2,500 shares out of 3,250 shares of vested phantom stock into 2,500 shares of ARMOUR common stock. The person elected to convert the remaining 750 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,250 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 February 25, 2020 and herein.

SEC source: 0001428205-20-000335 · wf-form4_160625732456673.xml · nonDerivative · entry 1

GRUBER MARK · CIK 0001585875 · CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 60,680

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On November 23, 2020, the reporting person elected to convert 2,500 shares out of 3,250 shares of vested phantom stock into 2,500 shares of ARMOUR common stock. The person elected to convert the remaining 750 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,250 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 February 25, 2020 and herein.

SEC source: 0001428205-20-000331 · wf-form4_160625718531970.xml · derivative · entry 3

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,600

Underlying: Common Stock · 2,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F1 · shares: On November 23, 2020, the reporting person elected to convert 1,810 shares out of 2,500 shares of vested phantom stock into 1,810 shares of ARMOUR common stock. The person elected to convert the remaining 690 shares of vested phantom stock into cash solely to pay income taxes on the vested 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.

F1 · derivative.exercise_date: On November 23, 2020, the reporting person elected to convert 1,810 shares out of 2,500 shares of vested phantom stock into 1,810 shares of ARMOUR common stock. The person elected to convert the remaining 690 shares of vested phantom stock into cash solely to pay income taxes on the vested 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.

F1 · derivative.expiration_date: On November 23, 2020, the reporting person elected to convert 1,810 shares out of 2,500 shares of vested phantom stock into 1,810 shares of ARMOUR common stock. The person elected to convert the remaining 690 shares of vested phantom stock into cash solely to pay income taxes on the vested 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.

F1 · balance_after: On November 23, 2020, the reporting person elected to convert 1,810 shares out of 2,500 shares of vested phantom stock into 1,810 shares of ARMOUR common stock. The person elected to convert the remaining 690 shares of vested phantom stock into cash solely to pay income taxes on the vested 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.

SEC source: 0001428205-20-000331 · wf-form4_160625718531970.xml · nonDerivative · entry 2

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,964

SEC source: 0001428205-20-000331 · wf-form4_160625718531970.xml · nonDerivative · entry 1

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,654

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On November 23, 2020, the reporting person elected to convert 1,810 shares out of 2,500 shares of vested phantom stock into 1,810 shares of ARMOUR common stock. The person elected to convert the remaining 690 shares of vested phantom stock into cash solely to pay income taxes on the vested 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.

SEC source: 0001428205-20-000322 · wf-form4_160625682817326.xml · derivative · entry 2

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 66,960

Underlying: Common Stock · 5,870 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F1 · shares: On November 23, 2020, the reporting person elected to convert 5,870 shares of vested phantom stock into 5,870 shares of ARMOUR common stock. The 5,870 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · derivative.exercise_date: On November 23, 2020, the reporting person elected to convert 5,870 shares of vested phantom stock into 5,870 shares of ARMOUR common stock. The 5,870 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · derivative.expiration_date: On November 23, 2020, the reporting person elected to convert 5,870 shares of vested phantom stock into 5,870 shares of ARMOUR common stock. The 5,870 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · balance_after: On November 23, 2020, the reporting person elected to convert 5,870 shares of vested phantom stock into 5,870 shares of ARMOUR common stock. The 5,870 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000322 · wf-form4_160625682817326.xml · nonDerivative · entry 1

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 76,300

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On November 23, 2020, the reporting person elected to convert 5,870 shares of vested phantom stock into 5,870 shares of ARMOUR common stock. The 5,870 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000320 · wf-form4_160625672862225.xml · derivative · entry 4

Zimmer Jeffrey J · CIK 0001303087 · Director · Co-CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 133,120

Underlying: Common Stock · 11,640 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · shares: On November 23, 2020, the reporting person elected to convert 6,990 shares out of 11,640 shares of vested phantom stock into 6,990 shares of ARMOUR common stock. The person elected to convert the remaining 4,650 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · derivative.exercise_date: On November 23, 2020, the reporting person elected to convert 6,990 shares out of 11,640 shares of vested phantom stock into 6,990 shares of ARMOUR common stock. The person elected to convert the remaining 4,650 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · derivative.expiration_date: On November 23, 2020, the reporting person elected to convert 6,990 shares out of 11,640 shares of vested phantom stock into 6,990 shares of ARMOUR common stock. The person elected to convert the remaining 4,650 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · balance_after: On November 23, 2020, the reporting person elected to convert 6,990 shares out of 11,640 shares of vested phantom stock into 6,990 shares of ARMOUR common stock. The person elected to convert the remaining 4,650 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000320 · wf-form4_160625672862225.xml · nonDerivative · entry 2

Zimmer Jeffrey J · CIK 0001303087 · Director · Co-CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 181,078

F1 · shares: On November 23, 2020, the reporting person elected to convert 6,990 shares out of 11,640 shares of vested phantom stock into 6,990 shares of ARMOUR common stock. The person elected to convert the remaining 4,650 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000320 · wf-form4_160625672862225.xml · nonDerivative · entry 1

Zimmer Jeffrey J · CIK 0001303087 · Director · Co-CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 185,728

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On November 23, 2020, the reporting person elected to convert 6,990 shares out of 11,640 shares of vested phantom stock into 6,990 shares of ARMOUR common stock. The person elected to convert the remaining 4,650 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000318 · wf-form4_160625665919039.xml · derivative · entry 2

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,000

Underlying: Common Stock · 2,250 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F1 · shares: On November 23, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

F1 · derivative.exercise_date: On November 23, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

F1 · derivative.expiration_date: On November 23, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

F1 · balance_after: On November 23, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000318 · wf-form4_160625665919039.xml · nonDerivative · entry 1

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,008

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On November 23, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

F1 · price: On November 23, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

F1 · balance_after: On November 23, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000298 · wf-form4_160192834419463.xml · derivative · entry 2

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote.

Disclosed balance after: 13,574

Underlying: Common Stock, par value $0.001 per share · 4,390 shares

Expires not disclosed

F2 · derivative.exercise_price: On October 1, 2020, the reporting person received 4,390 restricted stock units ("RSUs"), entitling the reporting person to 4,390 shares of common stock upon a separation of service, including retirement, or upon the reporting person's death or disability or a change of control of ARMOUR if earlier than the reporting person's separation of service. The RSUs represent the reporting person's election to defer receipt of the quarterly compensation that the reporting person would otherwise have been paid for his service on ARMOUR's Board of Directors, and to receive such compensation in the form of shares of common stock.

F3 · derivative.exercise_price: Each restricted stock unit is the economic equivalent of one share of ARMOUR common stock.

F2 · price: On October 1, 2020, the reporting person received 4,390 restricted stock units ("RSUs"), entitling the reporting person to 4,390 shares of common stock upon a separation of service, including retirement, or upon the reporting person's death or disability or a change of control of ARMOUR if earlier than the reporting person's separation of service. The RSUs represent the reporting person's election to defer receipt of the quarterly compensation that the reporting person would otherwise have been paid for his service on ARMOUR's Board of Directors, and to receive such compensation in the form of shares of common stock.

F3 · price: Each restricted stock unit is the economic equivalent of one share of ARMOUR common stock.

F2 · derivative.exercise_date: On October 1, 2020, the reporting person received 4,390 restricted stock units ("RSUs"), entitling the reporting person to 4,390 shares of common stock upon a separation of service, including retirement, or upon the reporting person's death or disability or a change of control of ARMOUR if earlier than the reporting person's separation of service. The RSUs represent the reporting person's election to defer receipt of the quarterly compensation that the reporting person would otherwise have been paid for his service on ARMOUR's Board of Directors, and to receive such compensation in the form of shares of common stock.

F2 · derivative.expiration_date: On October 1, 2020, the reporting person received 4,390 restricted stock units ("RSUs"), entitling the reporting person to 4,390 shares of common stock upon a separation of service, including retirement, or upon the reporting person's death or disability or a change of control of ARMOUR if earlier than the reporting person's separation of service. The RSUs represent the reporting person's election to defer receipt of the quarterly compensation that the reporting person would otherwise have been paid for his service on ARMOUR's Board of Directors, and to receive such compensation in the form of shares of common stock.

F3 · derivative.underlying_shares: Each restricted stock unit is the economic equivalent of one share of ARMOUR common stock.

F2 · balance_after: On October 1, 2020, the reporting person received 4,390 restricted stock units ("RSUs"), entitling the reporting person to 4,390 shares of common stock upon a separation of service, including retirement, or upon the reporting person's death or disability or a change of control of ARMOUR if earlier than the reporting person's separation of service. The RSUs represent the reporting person's election to defer receipt of the quarterly compensation that the reporting person would otherwise have been paid for his service on ARMOUR's Board of Directors, and to receive such compensation in the form of shares of common stock.

F4 · ownership.nature: Represents restricted stock units 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 restricted stock units held by DM Staton Family Limited Partnership.

SEC source: 0001428205-20-000297 · wf-form4_160192832704987.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,908

F1 · kind: On October 1, 2020, the reporting person received 1,735 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 1,735 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On October 1, 2020, the reporting person received 1,735 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 1,735 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-20-000300 · wf-form4_160192837626850.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 43,813

F1 · kind: On October 1, 2020, the reporting person received 1,735 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 1,735 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On October 1, 2020, the reporting person received 1,735 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 1,735 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On October 1, 2020, the reporting person received 1,735 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 1,735 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F2 · ownership.nature: Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust.

SEC source: 0001428205-20-000299 · wf-form4_160192835975103.xml · derivative · entry 2

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,574

Underlying: Common Stock, par value $0.001 per share · 4,390 shares

Expires not disclosed

F1 · derivative.exercise_price: On October 1, 2020, the reporting person received 4,390 restricted stock units ("RSUs"), entitling the reporting person to 4,390 shares of common stock upon a separation of service, including retirement, or upon the reporting person's death or disability or a change of control of ARMOUR if earlier than the reporting person's separation of service. The RSUs represent the reporting person's election to defer receipt of the quarterly compensation that the reporting person would otherwise have been paid for her service on ARMOUR's Board of Directors, and to receive such compensation in the form of shares of common stock.

F2 · derivative.exercise_price: Each restricted stock unit is the economic equivalent of one share of ARMOUR common stock.

F1 · price: On October 1, 2020, the reporting person received 4,390 restricted stock units ("RSUs"), entitling the reporting person to 4,390 shares of common stock upon a separation of service, including retirement, or upon the reporting person's death or disability or a change of control of ARMOUR if earlier than the reporting person's separation of service. The RSUs represent the reporting person's election to defer receipt of the quarterly compensation that the reporting person would otherwise have been paid for her service on ARMOUR's Board of Directors, and to receive such compensation in the form of shares of common stock.

F2 · price: Each restricted stock unit is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On October 1, 2020, the reporting person received 4,390 restricted stock units ("RSUs"), entitling the reporting person to 4,390 shares of common stock upon a separation of service, including retirement, or upon the reporting person's death or disability or a change of control of ARMOUR if earlier than the reporting person's separation of service. The RSUs represent the reporting person's election to defer receipt of the quarterly compensation that the reporting person would otherwise have been paid for her service on ARMOUR's Board of Directors, and to receive such compensation in the form of shares of common stock.

F1 · derivative.expiration_date: On October 1, 2020, the reporting person received 4,390 restricted stock units ("RSUs"), entitling the reporting person to 4,390 shares of common stock upon a separation of service, including retirement, or upon the reporting person's death or disability or a change of control of ARMOUR if earlier than the reporting person's separation of service. The RSUs represent the reporting person's election to defer receipt of the quarterly compensation that the reporting person would otherwise have been paid for her service on ARMOUR's Board of Directors, and to receive such compensation in the form of shares of common stock.

F2 · derivative.underlying_shares: Each restricted stock unit is the economic equivalent of one share of ARMOUR common stock.

F1 · balance_after: On October 1, 2020, the reporting person received 4,390 restricted stock units ("RSUs"), entitling the reporting person to 4,390 shares of common stock upon a separation of service, including retirement, or upon the reporting person's death or disability or a change of control of ARMOUR if earlier than the reporting person's separation of service. The RSUs represent the reporting person's election to defer receipt of the quarterly compensation that the reporting person would otherwise have been paid for her service on ARMOUR's Board of Directors, and to receive such compensation in the form of shares of common stock.

SEC source: 0001428205-20-000296 · wf-form4_160192831162156.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 48,357

F1 · kind: On October 1, 2020, the reporting person received 1,041 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 1,041 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On October 1, 2020, the reporting person received 1,041 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 1,041 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-20-000276 · wf-form4_159848481286591.xml · derivative · entry 2

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,900

Underlying: Common Stock · 1,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,500 shares of vested phantom stock into 1,500 shares of ARMOUR common stock. The 1,500 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.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 1,500 shares of vested phantom stock into 1,500 shares of ARMOUR common stock. The 1,500 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.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 1,500 shares of vested phantom stock into 1,500 shares of ARMOUR common stock. The 1,500 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.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 1,500 shares of vested phantom stock into 1,500 shares of ARMOUR common stock. The 1,500 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.

SEC source: 0001428205-20-000276 · wf-form4_159848481286591.xml · nonDerivative · entry 1

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote.

Disclosed balance after: 299,011

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,500 shares of vested phantom stock into 1,500 shares of ARMOUR common stock. The 1,500 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 · ownership.nature: Represents 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.

SEC source: 0001428205-20-000271 · wf-form4_159848470430782.xml · derivative · entry 2

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,900

Underlying: Common Stock · 1,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,500 shares of vested phantom stock into 1,500 shares of ARMOUR common stock. The 1,500 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.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 1,500 shares of vested phantom stock into 1,500 shares of ARMOUR common stock. The 1,500 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.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 1,500 shares of vested phantom stock into 1,500 shares of ARMOUR common stock. The 1,500 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.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 1,500 shares of vested phantom stock into 1,500 shares of ARMOUR common stock. The 1,500 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.

SEC source: 0001428205-20-000271 · wf-form4_159848470430782.xml · nonDerivative · entry 1

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,494

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,500 shares of vested phantom stock into 1,500 shares of ARMOUR common stock. The 1,500 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.

SEC source: 0001428205-20-000273 · wf-form4_159848474782625.xml · derivative · entry 2

GUBA THOMAS K · CIK 0001475027 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,250

Underlying: Common Stock · 2,250 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F1 · shares: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

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

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000273 · wf-form4_159848474782625.xml · nonDerivative · entry 1

GUBA THOMAS K · CIK 0001475027 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 63,975

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000279 · wf-form4_159848511855249.xml · derivative · entry 4

ULM SCOTT · CIK 0001469064 · Director · Co-CEO and CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 144,760

Underlying: Common Stock · 11,640 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · shares: On August 24, 2020, the reporting person elected to convert 7,080 shares out of 11,640 shares of vested phantom stock into 7,080 shares of ARMOUR common stock. The person elected to convert the remaining 4,560 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 7,080 shares out of 11,640 shares of vested phantom stock into 7,080 shares of ARMOUR common stock. The person elected to convert the remaining 4,560 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 7,080 shares out of 11,640 shares of vested phantom stock into 7,080 shares of ARMOUR common stock. The person elected to convert the remaining 4,560 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 7,080 shares out of 11,640 shares of vested phantom stock into 7,080 shares of ARMOUR common stock. The person elected to convert the remaining 4,560 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000279 · wf-form4_159848511855249.xml · nonDerivative · entry 2

ULM SCOTT · CIK 0001469064 · Director · Co-CEO and CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 168,994

F1 · shares: On August 24, 2020, the reporting person elected to convert 7,080 shares out of 11,640 shares of vested phantom stock into 7,080 shares of ARMOUR common stock. The person elected to convert the remaining 4,560 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000279 · wf-form4_159848511855249.xml · nonDerivative · entry 1

ULM SCOTT · CIK 0001469064 · Director · Co-CEO and CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 173,554

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On August 24, 2020, the reporting person elected to convert 7,080 shares out of 11,640 shares of vested phantom stock into 7,080 shares of ARMOUR common stock. The person elected to convert the remaining 4,560 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000281 · wf-form4_159848516413337.xml · derivative · entry 3

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,250

Underlying: Common Stock · 2,250 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,125 shares out of 2,250 shares of vested phantom stock into 1,125 shares of ARMOUR common stock. The person elected to convert the remaining 1,125 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 1,125 shares out of 2,250 shares of vested phantom stock into 1,125 shares of ARMOUR common stock. The person elected to convert the remaining 1,125 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 1,125 shares out of 2,250 shares of vested phantom stock into 1,125 shares of ARMOUR common stock. The person elected to convert the remaining 1,125 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 1,125 shares out of 2,250 shares of vested phantom stock into 1,125 shares of ARMOUR common stock. The person elected to convert the remaining 1,125 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000281 · wf-form4_159848516413337.xml · nonDerivative · entry 2

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,173

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,125 shares out of 2,250 shares of vested phantom stock into 1,125 shares of ARMOUR common stock. The person elected to convert the remaining 1,125 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000281 · wf-form4_159848516413337.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,298

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,125 shares out of 2,250 shares of vested phantom stock into 1,125 shares of ARMOUR common stock. The person elected to convert the remaining 1,125 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000282 · wf-form4_159848518363399.xml · derivative · entry 4

GRUBER MARK · CIK 0001585875 · CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,250

Underlying: Common Stock · 3,250 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · shares: On August 24, 2020, the reporting person elected to convert 2,540 shares out of 3,250 shares of vested phantom stock into 2,540 shares of ARMOUR common stock. The person elected to convert the remaining 710 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,250 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 February 25, 2020 and herein.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 2,540 shares out of 3,250 shares of vested phantom stock into 2,540 shares of ARMOUR common stock. The person elected to convert the remaining 710 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,250 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 February 25, 2020 and herein.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 2,540 shares out of 3,250 shares of vested phantom stock into 2,540 shares of ARMOUR common stock. The person elected to convert the remaining 710 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,250 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 February 25, 2020 and herein.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 2,540 shares out of 3,250 shares of vested phantom stock into 2,540 shares of ARMOUR common stock. The person elected to convert the remaining 710 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,250 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 February 25, 2020 and herein.

SEC source: 0001428205-20-000282 · wf-form4_159848518363399.xml · nonDerivative · entry 2

GRUBER MARK · CIK 0001585875 · CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,430

F1 · shares: On August 24, 2020, the reporting person elected to convert 2,540 shares out of 3,250 shares of vested phantom stock into 2,540 shares of ARMOUR common stock. The person elected to convert the remaining 710 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,250 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 February 25, 2020 and herein.

SEC source: 0001428205-20-000282 · wf-form4_159848518363399.xml · nonDerivative · entry 1

GRUBER MARK · CIK 0001585875 · CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,140

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On August 24, 2020, the reporting person elected to convert 2,540 shares out of 3,250 shares of vested phantom stock into 2,540 shares of ARMOUR common stock. The person elected to convert the remaining 710 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,250 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 February 25, 2020 and herein.

SEC source: 0001428205-20-000280 · wf-form4_159848514113735.xml · derivative · entry 3

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,250

Underlying: Common Stock · 2,250 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · shares: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000280 · wf-form4_159848514113735.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 42,078

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F2 · ownership.nature: Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust.

SEC source: 0001428205-20-000277 · wf-form4_159848482954613.xml · derivative · entry 3

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,830

Underlying: Common Stock · 5,870 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F1 · shares: On August 24, 2020, the reporting person elected to convert 4,190 shares out of 5,870 shares of vested phantom stock into 4,190 shares of ARMOUR common stock. The person elected to convert the remaining 1,680 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 5,870 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 4,190 shares out of 5,870 shares of vested phantom stock into 4,190 shares of ARMOUR common stock. The person elected to convert the remaining 1,680 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 5,870 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 4,190 shares out of 5,870 shares of vested phantom stock into 4,190 shares of ARMOUR common stock. The person elected to convert the remaining 1,680 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 5,870 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 4,190 shares out of 5,870 shares of vested phantom stock into 4,190 shares of ARMOUR common stock. The person elected to convert the remaining 1,680 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 5,870 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000277 · wf-form4_159848482954613.xml · nonDerivative · entry 2

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,430

F1 · shares: On August 24, 2020, the reporting person elected to convert 4,190 shares out of 5,870 shares of vested phantom stock into 4,190 shares of ARMOUR common stock. The person elected to convert the remaining 1,680 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 5,870 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000277 · wf-form4_159848482954613.xml · nonDerivative · entry 1

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,110

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On August 24, 2020, the reporting person elected to convert 4,190 shares out of 5,870 shares of vested phantom stock into 4,190 shares of ARMOUR common stock. The person elected to convert the remaining 1,680 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 5,870 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000278 · wf-form4_159848485185600.xml · derivative · entry 3

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,250

Underlying: Common Stock · 2,250 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,350 shares out of 2,250 shares of vested phantom stock into 1,350 shares of ARMOUR common stock. The person elected to convert the remaining 900 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 1,350 shares out of 2,250 shares of vested phantom stock into 1,350 shares of ARMOUR common stock. The person elected to convert the remaining 900 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 1,350 shares out of 2,250 shares of vested phantom stock into 1,350 shares of ARMOUR common stock. The person elected to convert the remaining 900 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 1,350 shares out of 2,250 shares of vested phantom stock into 1,350 shares of ARMOUR common stock. The person elected to convert the remaining 900 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000278 · wf-form4_159848485185600.xml · nonDerivative · entry 2

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,316

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,350 shares out of 2,250 shares of vested phantom stock into 1,350 shares of ARMOUR common stock. The person elected to convert the remaining 900 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000278 · wf-form4_159848485185600.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 48,216

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,350 shares out of 2,250 shares of vested phantom stock into 1,350 shares of ARMOUR common stock. The person elected to convert the remaining 900 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000275 · wf-form4_159848479029223.xml · derivative · entry 4

Zimmer Jeffrey J · CIK 0001303087 · Director · Co-CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 144,760

Underlying: Common Stock · 11,640 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · shares: On August 24, 2020, the reporting person elected to convert 6,990 shares out of 11,640 shares of vested phantom stock into 6,990 shares of ARMOUR common stock. The person elected to convert the remaining 4,650 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 6,990 shares out of 11,640 shares of vested phantom stock into 6,990 shares of ARMOUR common stock. The person elected to convert the remaining 4,650 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 6,990 shares out of 11,640 shares of vested phantom stock into 6,990 shares of ARMOUR common stock. The person elected to convert the remaining 4,650 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 6,990 shares out of 11,640 shares of vested phantom stock into 6,990 shares of ARMOUR common stock. The person elected to convert the remaining 4,650 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000275 · wf-form4_159848479029223.xml · nonDerivative · entry 2

Zimmer Jeffrey J · CIK 0001303087 · Director · Co-CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 174,088

F1 · shares: On August 24, 2020, the reporting person elected to convert 6,990 shares out of 11,640 shares of vested phantom stock into 6,990 shares of ARMOUR common stock. The person elected to convert the remaining 4,650 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000275 · wf-form4_159848479029223.xml · nonDerivative · entry 1

Zimmer Jeffrey J · CIK 0001303087 · Director · Co-CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 178,738

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On August 24, 2020, the reporting person elected to convert 6,990 shares out of 11,640 shares of vested phantom stock into 6,990 shares of ARMOUR common stock. The person elected to convert the remaining 4,650 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 11,640 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, and phantom stock vesting over a two-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on May 19, 2020.

SEC source: 0001428205-20-000274 · wf-form4_159848477114025.xml · derivative · entry 2

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,250

Underlying: Common Stock · 2,250 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F1 · shares: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000274 · wf-form4_159848477114025.xml · nonDerivative · entry 1

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,758

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

F1 · price: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 2,250 shares of vested phantom stock into 2,250 shares of ARMOUR common stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000272 · wf-form4_159848472640521.xml · derivative · entry 3

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,250

Underlying: Common Stock · 2,250 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,125 shares out of 2,250 shares of vested phantom stock into 1,125 shares of ARMOUR common stock. The person elected to convert the remaining 1,125 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 1,125 shares out of 2,250 shares of vested phantom stock into 1,125 shares of ARMOUR common stock. The person elected to convert the remaining 1,125 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 1,125 shares out of 2,250 shares of vested phantom stock into 1,125 shares of ARMOUR common stock. The person elected to convert the remaining 1,125 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 1,125 shares out of 2,250 shares of vested phantom stock into 1,125 shares of ARMOUR common stock. The person elected to convert the remaining 1,125 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000272 · wf-form4_159848472640521.xml · nonDerivative · entry 2

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,944

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,125 shares out of 2,250 shares of vested phantom stock into 1,125 shares of ARMOUR common stock. The person elected to convert the remaining 1,125 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000272 · wf-form4_159848472640521.xml · nonDerivative · entry 1

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,069

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,125 shares out of 2,250 shares of vested phantom stock into 1,125 shares of ARMOUR common stock. The person elected to convert the remaining 1,125 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 2,250 shares are part of, and relate to, phantom stock vesting over a period of approximately two years, which was reported on a Form 4 report filed by the reporting person on January 16, 2020.

SEC source: 0001428205-20-000270 · wf-form4_159848468455253.xml · derivative · entry 3

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,100

Underlying: Common Stock · 2,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F1 · shares: On August 24, 2020, the reporting person elected to convert 1,830 shares out of 2,500 shares of vested phantom stock into 1,830 shares of ARMOUR common stock. The person elected to convert the remaining 670 shares of vested phantom stock into cash solely to pay income taxes on the vested 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.

F1 · derivative.exercise_date: On August 24, 2020, the reporting person elected to convert 1,830 shares out of 2,500 shares of vested phantom stock into 1,830 shares of ARMOUR common stock. The person elected to convert the remaining 670 shares of vested phantom stock into cash solely to pay income taxes on the vested 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.

F1 · derivative.expiration_date: On August 24, 2020, the reporting person elected to convert 1,830 shares out of 2,500 shares of vested phantom stock into 1,830 shares of ARMOUR common stock. The person elected to convert the remaining 670 shares of vested phantom stock into cash solely to pay income taxes on the vested 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.

F1 · balance_after: On August 24, 2020, the reporting person elected to convert 1,830 shares out of 2,500 shares of vested phantom stock into 1,830 shares of ARMOUR common stock. The person elected to convert the remaining 670 shares of vested phantom stock into cash solely to pay income taxes on the vested 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.

SEC source: 0001428205-20-000270 · wf-form4_159848468455253.xml · nonDerivative · entry 2

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,154