ARR

SEC source: 0001428205-17-000220 · wf-form4_150715204054263.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 96,591

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 October 2, 2017, the reporting person elected to redeem 1,656 shares out of 3,313 shares of vested phantom stock into 1,656 shares of ARMOUR common stock. The reporting person also elected to redeem the remaining 1,657 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 3,313 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 March 21, 2013.

F1 · price: On October 2, 2017, the reporting person elected to redeem 1,656 shares out of 3,313 shares of vested phantom stock into 1,656 shares of ARMOUR common stock. The reporting person also elected to redeem the remaining 1,657 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 3,313 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 March 21, 2013.

SEC source: 0001428205-17-000219 · wf-form4_150715202438861.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,542

F1 · kind: On October 2, 2017, the reporting person received 368 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 368 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On October 2, 2017, the reporting person received 368 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 368 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000218 · wf-form4_150715200650386.xml · nonDerivative · entry 1

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote.

Disclosed balance after: 6,888

F1 · kind: On October 2, 2017, the reporting person received 613 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 613 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On October 2, 2017, the reporting person received 613 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 613 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F2 · ownership.nature: Represents shares owned indirectly through HW Trust Company Limited as Trustees of The RCH Guernsey Trust. Mr. Hain is deemed to beneficially own the shares held by the HW Trust Company Limited as Trustees of The RCH Guernsey Trust and has a pecuniary interest in and investment control over the shares.

SEC source: 0001428205-17-000217 · wf-form4_150715198960203.xml · nonDerivative · entry 1

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,124

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 October 2, 2017, the reporting person elected to redeem 328 shares of vested restricted stock units previously granted under ARMOUR Residential REIT, Inc.'s Amended and Restated 2009 Stock Incentive Plan. The 328 shares are part of, and relate to, restricted stock units vesting over a two-year period, which was reported on a Form 3 filed by the reporting person on February 24, 2017.

F1 · price: On October 2, 2017, the reporting person elected to redeem 328 shares of vested restricted stock units previously granted under ARMOUR Residential REIT, Inc.'s Amended and Restated 2009 Stock Incentive Plan. The 328 shares are part of, and relate to, restricted stock units vesting over a two-year period, which was reported on a Form 3 filed by the reporting person on February 24, 2017.

SEC source: 0001428205-17-000213 · wf-form4_150715191087045.xml · nonDerivative · entry 1

GRUBER MARK · CIK 0001585875 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,958

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 October 2, 2017, the reporting person elected to redeem 339 shares out of 610 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 339 shares of ARMOUR's common stock. The reporting person also elected to redeem the remaining 271 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 339 shares are part of, and relate to, phantom stock vesting over a four and one-half-year period, which was reported on a Form 3 filed by the reporting person on September 6, 2013.

F1 · price: On October 2, 2017, the reporting person elected to redeem 339 shares out of 610 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 339 shares of ARMOUR's common stock. The reporting person also elected to redeem the remaining 271 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 339 shares are part of, and relate to, phantom stock vesting over a four and one-half-year period, which was reported on a Form 3 filed by the reporting person on September 6, 2013.

SEC source: 0001428205-17-000212 · wf-form4_150715189484896.xml · nonDerivative · entry 1

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,062

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 October 2, 2017, the reporting person elected to redeem 516 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 516 shares of ARMOUR's common stock. The 516 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 March 21, 2013.

F1 · price: On October 2, 2017, the reporting person elected to redeem 516 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 516 shares of ARMOUR's common stock. The 516 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 March 21, 2013.

SEC source: 0001428205-17-000183 · wf-form4_150282144883409.xml · nonDerivative · entry 1

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,796

SEC source: 0001428205-17-000179 · wf-form4_150153085550737.xml · nonDerivative · entry 1

GRUBER MARK · CIK 0001585875 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,619

SEC source: 0001428205-17-000155 · wf-form4_149938469627702.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: 263,988

F1 · kind: On July 3, 2017, the reporting person received 660 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 660 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 3, 2017, the reporting person received 660 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 660 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: 0001428205-17-000164 · wf-form4_149938485215200.xml · nonDerivative · entry 1

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,130

F1 · kind: On July 3, 2017, the reporting person received 330 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 330 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 3, 2017, the reporting person received 330 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 330 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On July 3, 2017, the reporting person received 330 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 330 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000160 · wf-form4_149938478539873.xml · nonDerivative · entry 1

GUBA THOMAS K · CIK 0001475027 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,053

F1 · kind: On July 3, 2017, the reporting person received 660 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 660 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 3, 2017, the reporting person received 660 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 660 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On July 3, 2017, the reporting person received 660 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 660 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000156 · wf-form4_149938471351109.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 89,537

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 July 3, 2017, the reporting person elected to redeem 1,457 shares out of 3,313 shares of vested phantom stock into 1,457 shares of ARMOUR common stock. The person also elected to redeem the remaining 1,856 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 3,313 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 March 21, 2013.

F1 · price: On July 3, 2017, the reporting person elected to redeem 1,457 shares out of 3,313 shares of vested phantom stock into 1,457 shares of ARMOUR common stock. The person also elected to redeem the remaining 1,856 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 3,313 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 March 21, 2013.

SEC source: 0001428205-17-000163 · wf-form4_149938483671975.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,209

F1 · kind: On July 3, 2017, the reporting person received 660 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the reporting person's first day of service on ARMOUR's Board of Directors, effective September 2, 2013, 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 660 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 3, 2017, the reporting person received 660 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the reporting person's first day of service on ARMOUR's Board of Directors, effective September 2, 2013, 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 660 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000162 · wf-form4_149938482096319.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 94,935

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 July 3, 2017, the reporting person elected to redeem 1,656 shares out of 3,313 shares of vested phantom stock into 1,656 shares of ARMOUR common stock. The reporting person also elected to redeem the remaining 1,657 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 3,313 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 March 21, 2013.

F1 · price: On July 3, 2017, the reporting person elected to redeem 1,656 shares out of 3,313 shares of vested phantom stock into 1,656 shares of ARMOUR common stock. The reporting person also elected to redeem the remaining 1,657 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 3,313 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 March 21, 2013.

SEC source: 0001428205-17-000161 · wf-form4_149938480121841.xml · nonDerivative · entry 1

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,546

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 July 3, 2017, the reporting person elected to redeem 516 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 516 shares of ARMOUR's common stock. The 516 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 March 21, 2013.

F1 · price: On July 3, 2017, the reporting person elected to redeem 516 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 516 shares of ARMOUR's common stock. The 516 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 March 21, 2013.

SEC source: 0001428205-17-000159 · wf-form4_149938476740687.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 11,639

F1 · kind: On July 3, 2017, the reporting person received 660 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 660 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 3, 2017, the reporting person received 660 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 660 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On July 3, 2017, the reporting person received 660 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 660 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: 0001428205-17-000158 · wf-form4_149938474626319.xml · nonDerivative · entry 1

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,596

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 July 3, 2017, the reporting person elected to redeem 328 shares of vested restricted stock units previously granted under ARMOUR Residential REIT, Inc.'s Amended and Restated 2009 Stock Incentive Plan. The 328 shares are part of, and relate to, restricted stock units vesting over a two-year period, which was reported on a Form 3 filed by the reporting person on February 24, 2017.

F1 · price: On July 3, 2017, the reporting person elected to redeem 328 shares of vested restricted stock units previously granted under ARMOUR Residential REIT, Inc.'s Amended and Restated 2009 Stock Incentive Plan. The 328 shares are part of, and relate to, restricted stock units vesting over a two-year period, which was reported on a Form 3 filed by the reporting person on February 24, 2017.

SEC source: 0001428205-17-000157 · wf-form4_149938472917271.xml · nonDerivative · entry 1

GRUBER MARK · CIK 0001585875 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,619

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 July 3, 2017, the reporting person elected to redeem 342 shares out of 610 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 342 shares of ARMOUR's common stock. The reporting person also elected to redeem the remaining 268 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 342 shares are part of, and relate to, phantom stock vesting over a four and one-half-year period, which was reported on a Form 3 filed by the reporting person on September 6, 2013.

F1 · price: On July 3, 2017, the reporting person elected to redeem 342 shares out of 610 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 342 shares of ARMOUR's common stock. The reporting person also elected to redeem the remaining 268 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 342 shares are part of, and relate to, phantom stock vesting over a four and one-half-year period, which was reported on a Form 3 filed by the reporting person on September 6, 2013.

SEC source: 0001428205-17-000154 · wf-form4_149938467712575.xml · nonDerivative · entry 1

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote.

Disclosed balance after: 6,275

F1 · kind: On July 3, 2017, the reporting person received 660 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 660 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 3, 2017, the reporting person received 660 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 660 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F2 · ownership.nature: Represents shares owned indirectly through HW Trust Company Limited as Trustees of The RCH Guernsey Trust. Mr. Hain is deemed to beneficially own the shares held by the HW Trust Company Limited as Trustees of The RCH Guernsey Trust and has a pecuniary interest in and investment control over the shares.

SEC source: 0001428205-17-000153 · wf-form4_149938465984773.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,174

F1 · kind: On July 3, 2017, the reporting person received 396 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 396 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On July 3, 2017, the reporting person received 396 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 396 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000108 · wf-form4_149400846464832.xml · nonDerivative · entry 1

GRUBER MARK · CIK 0001585875 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,277

SEC source: 0001428205-17-000085 · wf-form4_149143439009070.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: 263,328

F1 · kind: On April 3, 2017, the reporting person received 726 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 726 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On April 3, 2017, the reporting person received 726 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 726 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: 0001428205-17-000087 · wf-form4_149143443191434.xml · nonDerivative · entry 1

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,800

F1 · kind: On April 3, 2017, the reporting person received 363 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 363 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On April 3, 2017, the reporting person received 363 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 363 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On April 3, 2017, the reporting person received 363 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 363 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000084 · wf-form4_149143437197167.xml · nonDerivative · entry 1

GUBA THOMAS K · CIK 0001475027 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,393

F1 · kind: On April 3, 2017, the reporting person received 726 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 726 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On April 3, 2017, the reporting person received 726 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 726 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On April 3, 2017, the reporting person received 726 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 726 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000083 · wf-form4_149143435350006.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 88,080

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 April 3, 2017, the reporting person elected to redeem 1,457 shares out of 3,313 shares of vested phantom stock into 1,457 shares of ARMOUR common stock. The person also elected to redeem the remaining 1,856 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 3,313 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 March 21, 2013.

F1 · price: On April 3, 2017, the reporting person elected to redeem 1,457 shares out of 3,313 shares of vested phantom stock into 1,457 shares of ARMOUR common stock. The person also elected to redeem the remaining 1,856 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 3,313 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 March 21, 2013.

SEC source: 0001428205-17-000076 · wf-form4_149143362754583.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,549

F1 · kind: On April 3, 2017, the reporting person received 726 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the reporting person's first day of service on ARMOUR's Board of Directors, effective September 2, 2013, 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 726 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On April 3, 2017, the reporting person received 726 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the reporting person's first day of service on ARMOUR's Board of Directors, effective September 2, 2013, 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 726 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000086 · wf-form4_149143441154759.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 10,979

F1 · kind: On April 3, 2017, the reporting person received 726 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 726 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On April 3, 2017, the reporting person received 726 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 726 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On April 3, 2017, the reporting person received 726 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 726 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: 0001428205-17-000088 · wf-form4_149143444972941.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,279

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 April 3, 2017, the reporting person elected to redeem 1,656 shares out of 3,313 shares of vested phantom stock into 1,656 shares of ARMOUR common stock. The reporting person also elected to redeem the remaining 1,657 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 3,313 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 March 21, 2013.

F1 · price: On April 3, 2017, the reporting person elected to redeem 1,656 shares out of 3,313 shares of vested phantom stock into 1,656 shares of ARMOUR common stock. The reporting person also elected to redeem the remaining 1,657 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 3,313 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 March 21, 2013.

SEC source: 0001428205-17-000075 · wf-form4_149143360841186.xml · nonDerivative · entry 1

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,030

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 April 3, 2017, the reporting person elected to redeem 516 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 516 shares of ARMOUR's common stock. The 516 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 March 21, 2013.

F1 · price: On April 3, 2017, the reporting person elected to redeem 516 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 516 shares of ARMOUR's common stock. The 516 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 March 21, 2013.

SEC source: 0001428205-17-000074 · wf-form4_149143359143756.xml · nonDerivative · entry 1

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote.

Disclosed balance after: 5,615

F1 · kind: On April 3, 2017, the reporting person received 726 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 726 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On April 3, 2017, the reporting person received 726 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 726 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F2 · ownership.nature: Represents shares owned indirectly through HW Trust Company Limited as Trustees of The RCH Guernsey Trust. Mr. Hain is deemed to beneficially own the shares held by the HW Trust Company Limited as Trustees of The RCH Guernsey Trust and has a pecuniary interest in and investment control over the shares.

SEC source: 0001428205-17-000073 · wf-form4_149143357140052.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,778

F1 · kind: On April 3, 2017, the reporting person received 435 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 435 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On April 3, 2017, the reporting person received 435 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 435 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000072 · wf-form4_149143355272279.xml · nonDerivative · entry 1

GRUBER MARK · CIK 0001585875 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,277

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 April 3, 2017, the reporting person elected to redeem 345 shares out of 610 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 345 shares of ARMOUR's common stock. The reporting person also elected to redeem the remaining 265 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 345 shares are part of, and relate to, phantom stock vesting over a four and one-half-year period, which was reported on a Form 3 filed by the reporting person on September 6, 2013.

F1 · price: On April 3, 2017, the reporting person elected to redeem 345 shares out of 610 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 345 shares of ARMOUR's common stock. The reporting person also elected to redeem the remaining 265 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 345 shares are part of, and relate to, phantom stock vesting over a four and one-half-year period, which was reported on a Form 3 filed by the reporting person on September 6, 2013.

SEC source: 0001428205-17-000071 · wf-form4_149143353127253.xml · nonDerivative · entry 1

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,268

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 April 3, 2017, the reporting person elected to redeem 328 shares of vested restricted stock previously granted under ARMOUR Residential REIT, Inc.'s Amended and Restated 2009 Stock Incentive Plan. The 328 shares are part of, and relate to, restricted stock vesting over a two-year period, which was reported on a Form 3 filed by the reporting person on February 24, 2017.

F1 · price: On April 3, 2017, the reporting person elected to redeem 328 shares of vested restricted stock previously granted under ARMOUR Residential REIT, Inc.'s Amended and Restated 2009 Stock Incentive Plan. The 328 shares are part of, and relate to, restricted stock vesting over a two-year period, which was reported on a Form 3 filed by the reporting person on February 24, 2017.

SEC source: 0001428205-17-000054 · wf-form4_149011135010947.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 86,623

F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $22.12 to $22.129, 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: 0001428205-17-000052 · wf-form4_149010830081196.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,623

F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $21.99 to $22.01, 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: 0001428205-17-000041 · wf-form4_148779068461044.xml · nonDerivative · entry 1

GRUBER MARK · CIK 0001585875 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,932

SEC source: 0001428205-17-000022 · wf-form4_148365896312105.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: 262,602

F1 · kind: On January 3, 2017, the reporting person received 760 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 760 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On January 3, 2017, the reporting person received 760 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 760 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: 0001428205-17-000014 · wf-form4_148365883374164.xml · nonDerivative · entry 1

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,437

F1 · kind: On January 3, 2017, the reporting person received 380 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 380 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On January 3, 2017, the reporting person received 380 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 380 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On January 3, 2017, the reporting person received 380 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 380 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000017 · wf-form4_148365888127618.xml · nonDerivative · entry 1

GUBA THOMAS K · CIK 0001475027 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,667

F1 · kind: On January 3, 2017, the reporting person received 760 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 760 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On January 3, 2017, the reporting person received 760 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 760 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On January 3, 2017, the reporting person received 760 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 760 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000023 · wf-form4_148365897858647.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 81,623

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: See Remarks

F1 · price: See Remarks

SEC source: 0001428205-17-000015 · wf-form4_148365884933115.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,823

F1 · kind: On January 3, 2017, the reporting person received 760 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the reporting person's first day of service on ARMOUR's Board of Directors, effective September 2, 2013, 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 760 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On January 3, 2017, the reporting person received 760 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the reporting person's first day of service on ARMOUR's Board of Directors, effective September 2, 2013, 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 760 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000024 · wf-form4_148365899752924.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 86,623

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: See Remarks.

F1 · price: See Remarks.

SEC source: 0001428205-17-000021 · wf-form4_148365894739659.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 10,253

F1 · kind: On January 3, 2017, the reporting person received 760 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 760 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On January 3, 2017, the reporting person received 760 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 760 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · balance_after: On January 3, 2017, the reporting person received 760 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 760 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: 0001428205-17-000020 · wf-form4_148365893148655.xml · nonDerivative · entry 1

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,514

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 January 3, 2017, the reporting person elected to redeem 516 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 516 shares of ARMOUR's common stock. The 516 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 March 21, 2013.

F1 · price: On January 3, 2017, the reporting person elected to redeem 516 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 516 shares of ARMOUR's common stock. The 516 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 March 21, 2013.

SEC source: 0001428205-17-000018 · wf-form4_148365889780501.xml · nonDerivative · entry 1

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote.

Disclosed balance after: 4,889

F1 · kind: On January 3, 2017, the reporting person received 304 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 304 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On January 3, 2017, the reporting person received 304 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 304 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F2 · ownership.nature: Represents shares owned indirectly through HW Trust Company Limited as Trustees of The RCH Guernsey Trust. Mr. Hain is deemed to beneficially own the shares held by the HW Trust Company Limited as Trustees of The RCH Guernsey Trust and has a pecuniary interest in and investment control over the shares.

SEC source: 0001428205-17-000019 · wf-form4_148365891385875.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,343

F1 · kind: On January 3, 2017, the reporting person received 456 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 456 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F1 · price: On January 3, 2017, the reporting person received 456 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. Commencing with the end of the first quarter of 2013, 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 456 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-17-000016 · wf-form4_148365886501807.xml · nonDerivative · entry 1

GRUBER MARK · CIK 0001585875 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,932

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 January 3, 2017, the reporting person elected to redeem 483 shares out of 610 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 483 shares of ARMOUR's common stock. The reporting person also elected to redeem the remaining 127 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 483 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on a Form 3 filed by the reporting person on September 6, 2013.

F1 · price: On January 3, 2017, the reporting person elected to redeem 483 shares out of 610 shares of vested phantom stock previously granted under ARMOUR's Second Amended and Restated 2009 Stock Incentive Plan into 483 shares of ARMOUR's common stock. The reporting person also elected to redeem the remaining 127 shares of vested phantom stock, but immediately forfeited those shares to pay income taxes on the vesting grant. The 483 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on a Form 3 filed by the reporting person on September 6, 2013.

SEC source: 0001428205-16-000471 · wf-form4_148293949413977.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 79,426

SEC source: 0001428205-16-000475 · wf-form4_148294128302166.xml · nonDerivative · entry 1

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,998

SEC source: 0001428205-16-000473 · wf-form4_148294093278086.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,126