ARR

SEC source: 0001428205-19-000264 · wf-form4_157021935623468.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,475

F1 · kind: On October 1, 2019, the reporting person received 591 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 591 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On October 1, 2019, the reporting person received 591 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 591 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-19-000248 · wf-form4_156771889476461.xml · nonDerivative · entry 1

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,769

F1 · shares: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.09 to $16.095, 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 purchased at each separate price within the ranges set forth in this footnote (1).

SEC source: 0001428205-19-000234 · wf-form4_156659054360653.xml · derivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,000

Underlying: Common Stock · 600 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 21, 2019, 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.

F1 · derivative.exercise_date: On August 21, 2019, 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.

F1 · derivative.expiration_date: On August 21, 2019, 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.

F1 · balance_after: On August 21, 2019, 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.

SEC source: 0001428205-19-000234 · wf-form4_156659054360653.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: 292,003

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 21, 2019, 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.

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: 0001428205-19-000239 · wf-form4_156659064731346.xml · derivative · entry 2

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,000

Underlying: Common Stock · 600 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 21, 2019, 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.

F1 · derivative.exercise_date: On August 21, 2019, 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.

F1 · derivative.expiration_date: On August 21, 2019, 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.

F1 · balance_after: On August 21, 2019, 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.

SEC source: 0001428205-19-000239 · wf-form4_156659064731346.xml · nonDerivative · entry 1

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,441

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 21, 2019, 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.

SEC source: 0001428205-19-000233 · wf-form4_156659052101540.xml · derivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 79,300

Underlying: Common Stock · 6,100 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 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

F1 · derivative.exercise_date: On August 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

F1 · derivative.expiration_date: On August 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

F1 · balance_after: On August 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

SEC source: 0001428205-19-000233 · wf-form4_156659052101540.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 124,464

F1 · shares: On August 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

SEC source: 0001428205-19-000233 · wf-form4_156659052101540.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 126,864

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 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

SEC source: 0001428205-19-000240 · wf-form4_156659066837344.xml · derivative · entry 2

GUBA THOMAS K · CIK 0001475027 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,600

Underlying: Common Stock · 1,600 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 21, 2019, the reporting person elected to convert 1,600 shares of vested phantom stock into 1,600 shares of ARMOUR common stock. The 1,600 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.

F1 · derivative.exercise_date: On August 21, 2019, the reporting person elected to convert 1,600 shares of vested phantom stock into 1,600 shares of ARMOUR common stock. The 1,600 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.

F1 · derivative.expiration_date: On August 21, 2019, the reporting person elected to convert 1,600 shares of vested phantom stock into 1,600 shares of ARMOUR common stock. The 1,600 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.

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

F1 · balance_after: On August 21, 2019, the reporting person elected to convert 1,600 shares of vested phantom stock into 1,600 shares of ARMOUR common stock. The 1,600 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.

SEC source: 0001428205-19-000240 · wf-form4_156659066837344.xml · nonDerivative · entry 1

GUBA THOMAS K · CIK 0001475027 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,717

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 21, 2019, the reporting person elected to convert 1,600 shares of vested phantom stock into 1,600 shares of ARMOUR common stock. The 1,600 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.

F2 · balance_after: The reporting person's total beneficial holdings have been updated to reflect his correct holding, correcting various historical calculation errors.

SEC source: 0001428205-19-000241 · wf-form4_156659068906272.xml · derivative · entry 4

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,600

Underlying: Common Stock · 1,600 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 21, 2019, the reporting person elected to convert 800 shares out of 1,600 shares of vested phantom stock into 800 shares of ARMOUR common stock. The person elected to convert the remaining 800 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

F1 · derivative.exercise_date: On August 21, 2019, the reporting person elected to convert 800 shares out of 1,600 shares of vested phantom stock into 800 shares of ARMOUR common stock. The person elected to convert the remaining 800 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

F1 · derivative.expiration_date: On August 21, 2019, the reporting person elected to convert 800 shares out of 1,600 shares of vested phantom stock into 800 shares of ARMOUR common stock. The person elected to convert the remaining 800 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

F1 · balance_after: On August 21, 2019, the reporting person elected to convert 800 shares out of 1,600 shares of vested phantom stock into 800 shares of ARMOUR common stock. The person elected to convert the remaining 800 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

SEC source: 0001428205-19-000241 · wf-form4_156659068906272.xml · nonDerivative · entry 2

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,519

F1 · shares: On August 21, 2019, the reporting person elected to convert 800 shares out of 1,600 shares of vested phantom stock into 800 shares of ARMOUR common stock. The person elected to convert the remaining 800 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

SEC source: 0001428205-19-000241 · wf-form4_156659068906272.xml · nonDerivative · entry 1

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,319

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 21, 2019, the reporting person elected to convert 800 shares out of 1,600 shares of vested phantom stock into 800 shares of ARMOUR common stock. The person elected to convert the remaining 800 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

SEC source: 0001428205-19-000231 · wf-form4_156659047640046.xml · derivative · entry 3

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,600

Underlying: Common Stock · 1,600 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 21, 2019, the reporting person elected to convert 800 shares out of 1,600 shares of vested phantom stock into 800 shares of ARMOUR common stock. The person elected to convert the remaining 800 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

F1 · derivative.exercise_date: On August 21, 2019, the reporting person elected to convert 800 shares out of 1,600 shares of vested phantom stock into 800 shares of ARMOUR common stock. The person elected to convert the remaining 800 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

F1 · derivative.expiration_date: On August 21, 2019, the reporting person elected to convert 800 shares out of 1,600 shares of vested phantom stock into 800 shares of ARMOUR common stock. The person elected to convert the remaining 800 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

F1 · balance_after: On August 21, 2019, the reporting person elected to convert 800 shares out of 1,600 shares of vested phantom stock into 800 shares of ARMOUR common stock. The person elected to convert the remaining 800 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

SEC source: 0001428205-19-000231 · wf-form4_156659047640046.xml · nonDerivative · entry 2

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,461

F1 · shares: On August 21, 2019, the reporting person elected to convert 800 shares out of 1,600 shares of vested phantom stock into 800 shares of ARMOUR common stock. The person elected to convert the remaining 800 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

SEC source: 0001428205-19-000231 · wf-form4_156659047640046.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,261

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 21, 2019, the reporting person elected to convert 800 shares out of 1,600 shares of vested phantom stock into 800 shares of ARMOUR common stock. The person elected to convert the remaining 800 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

SEC source: 0001428205-19-000242 · wf-form4_156659071009696.xml · derivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 79,300

Underlying: Common Stock · 6,100 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 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

F1 · derivative.exercise_date: On August 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

F1 · derivative.expiration_date: On August 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

F1 · balance_after: On August 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

SEC source: 0001428205-19-000242 · wf-form4_156659071009696.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 139,648

F1 · shares: On August 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

SEC source: 0001428205-19-000242 · wf-form4_156659071009696.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 142,048

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 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

SEC source: 0001428205-19-000238 · wf-form4_156659062413407.xml · derivative · entry 2

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,000

Underlying: Common Stock · 3,000 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 21, 2019, the reporting person elected to convert 3,000 shares of vested phantom stock into 3,000 shares of ARMOUR common stock. The 3,000 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.

F1 · derivative.exercise_date: On August 21, 2019, the reporting person elected to convert 3,000 shares of vested phantom stock into 3,000 shares of ARMOUR common stock. The 3,000 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.

F1 · derivative.expiration_date: On August 21, 2019, the reporting person elected to convert 3,000 shares of vested phantom stock into 3,000 shares of ARMOUR common stock. The 3,000 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.

F1 · balance_after: On August 21, 2019, the reporting person elected to convert 3,000 shares of vested phantom stock into 3,000 shares of ARMOUR common stock. The 3,000 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.

SEC source: 0001428205-19-000238 · wf-form4_156659062413407.xml · nonDerivative · entry 1

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,500

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 21, 2019, the reporting person elected to convert 3,000 shares of vested phantom stock into 3,000 shares of ARMOUR common stock. The 3,000 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.

SEC source: 0001428205-19-000237 · wf-form4_156659060418925.xml · derivative · entry 2

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,600

Underlying: Common Stock · 1,000 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 21, 2019, the reporting person elected to convert 1,000 shares of vested phantom stock into 1,000 shares of ARMOUR common stock. The 1,000 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.

F1 · derivative.exercise_date: On August 21, 2019, the reporting person elected to convert 1,000 shares of vested phantom stock into 1,000 shares of ARMOUR common stock. The 1,000 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.

F1 · derivative.expiration_date: On August 21, 2019, the reporting person elected to convert 1,000 shares of vested phantom stock into 1,000 shares of ARMOUR common stock. The 1,000 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.

F1 · balance_after: On August 21, 2019, the reporting person elected to convert 1,000 shares of vested phantom stock into 1,000 shares of ARMOUR common stock. The 1,000 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.

SEC source: 0001428205-19-000237 · wf-form4_156659060418925.xml · nonDerivative · entry 1

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,954

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 21, 2019, the reporting person elected to convert 1,000 shares of vested phantom stock into 1,000 shares of ARMOUR common stock. The 1,000 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.

SEC source: 0001428205-19-000235 · wf-form4_156659056295342.xml · derivative · entry 3

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,600

Underlying: Common Stock · 1,600 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 21, 2019, the reporting person elected to convert 1,600 shares of vested phantom stock into 1,600 shares of ARMOUR common stock. The 1,600 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.

F1 · derivative.exercise_date: On August 21, 2019, the reporting person elected to convert 1,600 shares of vested phantom stock into 1,600 shares of ARMOUR common stock. The 1,600 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.

F1 · derivative.expiration_date: On August 21, 2019, the reporting person elected to convert 1,600 shares of vested phantom stock into 1,600 shares of ARMOUR common stock. The 1,600 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.

F1 · balance_after: On August 21, 2019, the reporting person elected to convert 1,600 shares of vested phantom stock into 1,600 shares of ARMOUR common stock. The 1,600 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.

SEC source: 0001428205-19-000235 · wf-form4_156659056295342.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 28,191

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 21, 2019, the reporting person elected to convert 1,600 shares of vested phantom stock into 1,600 shares of ARMOUR common stock. The 1,600 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.

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: 0001428205-19-000236 · wf-form4_156659058193562.xml · derivative · entry 3

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,600

Underlying: Common Stock · 1,600 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 21, 2019, the reporting person elected to convert 960 shares out of 1,600 shares of vested phantom stock into 960 shares of ARMOUR common stock. The person elected to convert the remaining 640 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

F1 · derivative.exercise_date: On August 21, 2019, the reporting person elected to convert 960 shares out of 1,600 shares of vested phantom stock into 960 shares of ARMOUR common stock. The person elected to convert the remaining 640 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

F1 · derivative.expiration_date: On August 21, 2019, the reporting person elected to convert 960 shares out of 1,600 shares of vested phantom stock into 960 shares of ARMOUR common stock. The person elected to convert the remaining 640 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

F1 · balance_after: On August 21, 2019, the reporting person elected to convert 960 shares out of 1,600 shares of vested phantom stock into 960 shares of ARMOUR common stock. The person elected to convert the remaining 640 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

SEC source: 0001428205-19-000236 · wf-form4_156659058193562.xml · nonDerivative · entry 2

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,884

F1 · shares: On August 21, 2019, the reporting person elected to convert 960 shares out of 1,600 shares of vested phantom stock into 960 shares of ARMOUR common stock. The person elected to convert the remaining 640 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

SEC source: 0001428205-19-000236 · wf-form4_156659058193562.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,524

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 21, 2019, the reporting person elected to convert 960 shares out of 1,600 shares of vested phantom stock into 960 shares of ARMOUR common stock. The person elected to convert the remaining 640 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,600 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.

SEC source: 0001428205-19-000232 · wf-form4_156659049929260.xml · derivative · entry 2

GRUBER MARK · CIK 0001585875 · COO and CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,000

Underlying: Common Stock · 3,000 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 21, 2019, the reporting person elected to convert 3,000 shares of vested phantom stock into 3,000 shares of ARMOUR common stock. The 3,000 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.

F1 · derivative.exercise_date: On August 21, 2019, the reporting person elected to convert 3,000 shares of vested phantom stock into 3,000 shares of ARMOUR common stock. The 3,000 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.

F1 · derivative.expiration_date: On August 21, 2019, the reporting person elected to convert 3,000 shares of vested phantom stock into 3,000 shares of ARMOUR common stock. The 3,000 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.

F1 · balance_after: On August 21, 2019, the reporting person elected to convert 3,000 shares of vested phantom stock into 3,000 shares of ARMOUR common stock. The 3,000 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.

SEC source: 0001428205-19-000232 · wf-form4_156659049929260.xml · nonDerivative · entry 1

GRUBER MARK · CIK 0001585875 · COO and CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,300

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 August 21, 2019, the reporting person elected to convert 3,000 shares of vested phantom stock into 3,000 shares of ARMOUR common stock. The 3,000 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.

SEC source: 0001428205-19-000195 · wf-form4_156218424517048.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: 291,403

F1 · kind: On July 1, 2019, the reporting person received 885 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 885 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 1, 2019, the reporting person received 885 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 885 shares of stock represent the reporting person's election of stock compensation for the past quarter.

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: 0001428205-19-000199 · wf-form4_156218432277812.xml · nonDerivative · entry 1

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,841

F1 · kind: On July 1, 2019, the reporting person received 442 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 442 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 1, 2019, the reporting person received 442 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 442 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On July 1, 2019, the reporting person received 442 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 442 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-19-000200 · wf-form4_156218434063361.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,661

F1 · kind: On July 1, 2019, the reporting person received 885 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 885 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 1, 2019, the reporting person received 885 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 885 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-19-000197 · wf-form4_156218428418096.xml · nonDerivative · entry 1

GUBA THOMAS K · CIK 0001475027 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,117

F1 · kind: On July 1, 2019, the reporting person received 885 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 election of the director. The 885 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 1, 2019, the reporting person received 885 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 election of the director. The 885 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On July 1, 2019, the reporting person received 885 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 election of the director. The 885 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-19-000198 · wf-form4_156218430261933.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 26,591

F1 · kind: On July 1, 2019, the reporting person received 885 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 885 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 1, 2019, the reporting person received 885 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 885 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On July 1, 2019, the reporting person received 885 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 885 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: 0001428205-19-000196 · wf-form4_156218426673152.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,924

F1 · kind: On July 1, 2019, the reporting person received 531 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 531 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 1, 2019, the reporting person received 531 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 531 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-19-000167 · wf-form4_155861437344704.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Indirect · By ARMOUR Capital Management LP

Disclosed balance after: 80,000

F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $17.84 to $18.02, 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 purchased at each separate price within the ranges set forth in this footnote (1).

F2 · balance_after: The reported shares were purchased and are owned directly by ARMOUR Capital Management LP ("ACM"), a limited partnership that is the external manager of the issuer. The shares have been reported in the aggregate for both Mr. Ulm herein and Mr. Jeffrey Zimmer, a Co-CEO of the issuer, in a separate Form 4 report. Mr. Ulm is the sole controlling member of Stacumny LLC, which is one of the general partners of ACM, along with an entity controlled by Mr. Zimmer. Mr. Ulm disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

SEC source: 0001428205-19-000168 · wf-form4_155861440324462.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Indirect · By ARMOUR Capital Management LP

Disclosed balance after: 80,000

F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $17.84 to $18.02, 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 purchased at each separate price within the ranges set forth in this footnote (1).

F2 · balance_after: The reported shares were purchased and are owned directly by ARMOUR Capital Management LP ("ACM"), a limited partnership that is the external manager of the issuer. The shares have been reported in the aggregate for both Mr. Zimmer herein and Mr. Scott Ulm, a Co-CEO of the issuer, in a separate Form 4 report. Mr. Zimmer is the sole controlling member of Remmiz LLC, which is one of the general partners of ACM, along with an entity controlled by Mr. Ulm. Mr. Zimmer disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

SEC source: 0001428205-19-000157 · wf-form4_155855593510847.xml · derivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,600

Underlying: Common Stock · 600 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 May 21, 2019, 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.

F1 · derivative.exercise_date: On May 21, 2019, 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.

F1 · derivative.expiration_date: On May 21, 2019, 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.

F1 · balance_after: On May 21, 2019, 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.

SEC source: 0001428205-19-000157 · wf-form4_155855593510847.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: 290,518

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 May 21, 2019, 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.

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: 0001428205-19-000159 · wf-form4_155855599071092.xml · derivative · entry 2

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,600

Underlying: Common Stock · 600 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 May 21, 2019, 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.

F1 · derivative.exercise_date: On May 21, 2019, 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.

F1 · derivative.expiration_date: On May 21, 2019, 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.

F1 · balance_after: On May 21, 2019, 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.

SEC source: 0001428205-19-000159 · wf-form4_155855599071092.xml · nonDerivative · entry 1

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,399

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 May 21, 2019, 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.

SEC source: 0001428205-19-000158 · wf-form4_155855596298045.xml · derivative · entry 2

GUBA THOMAS K · CIK 0001475027 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,200

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 May 21, 2019, 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 a five-year period, which was reported on a Form 4 filed by the reporting person on November 22, 2017.

F1 · derivative.exercise_date: On May 21, 2019, 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 a five-year period, which was reported on a Form 4 filed by the reporting person on November 22, 2017.

F1 · derivative.expiration_date: On May 21, 2019, 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 a five-year period, which was reported on a Form 4 filed by the reporting person on November 22, 2017.

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

F1 · balance_after: On May 21, 2019, 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 a five-year period, which was reported on a Form 4 filed by the reporting person on November 22, 2017.

SEC source: 0001428205-19-000158 · wf-form4_155855596298045.xml · nonDerivative · entry 1

GUBA THOMAS K · CIK 0001475027 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,232

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 May 21, 2019, 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 a five-year period, which was reported on a Form 4 filed by the reporting person on November 22, 2017.

F2 · balance_after: The reporting person's total beneficial holdings have been updated to reflect his correct holding, correcting various historical calculation errors.

SEC source: 0001428205-19-000160 · wf-form4_155855601908716.xml · derivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 85,400

Underlying: Common Stock · 6,100 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 May 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

F1 · derivative.exercise_date: On May 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

F1 · derivative.expiration_date: On May 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

F1 · balance_after: On May 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

SEC source: 0001428205-19-000160 · wf-form4_155855601908716.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 120,764

F1 · shares: On May 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

SEC source: 0001428205-19-000160 · wf-form4_155855601908716.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 123,164

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 May 21, 2019, the reporting person elected to convert 3,700 shares out of 6,100 shares of vested phantom stock into 3,700 shares of ARMOUR common stock. The person elected to convert the remaining 2,400 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 6,100 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.

SEC source: 0001428205-19-000156 · wf-form4_155855590595048.xml · derivative · entry 3

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,200

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 May 21, 2019, the reporting person elected to convert 750 shares out of 1,500 shares of vested phantom stock into 750 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 1,500 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.

F1 · derivative.exercise_date: On May 21, 2019, the reporting person elected to convert 750 shares out of 1,500 shares of vested phantom stock into 750 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 1,500 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.

F1 · derivative.expiration_date: On May 21, 2019, the reporting person elected to convert 750 shares out of 1,500 shares of vested phantom stock into 750 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 1,500 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.

F1 · balance_after: On May 21, 2019, the reporting person elected to convert 750 shares out of 1,500 shares of vested phantom stock into 750 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 1,500 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.

SEC source: 0001428205-19-000156 · wf-form4_155855590595048.xml · nonDerivative · entry 2

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,776

F1 · shares: On May 21, 2019, the reporting person elected to convert 750 shares out of 1,500 shares of vested phantom stock into 750 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 1,500 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.