Timothy P. Coffey - Jan 29, 2022 Form 4 Insider Report for ANNALY CAPITAL MANAGEMENT INC (NLY)

Signature
/s/ Anthony C. Green, as Attorney-in-Fact for Timothy P. Coffey
Stock symbol
NLY
Transactions as of
Jan 29, 2022
Transactions value $
-$18,344
Form type
4
Date filed
2/1/2022, 08:35 PM
Previous filing
Jul 14, 2021
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLY Common Stock Options Exercise $0 +444 +0.17% $0.00 264K Jan 29, 2022 Direct F1
transaction NLY Common Stock Tax liability -$18.3K -2.32K -0.88% $7.90 262K Jan 29, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of dividend equivalent rights in connection with vesting of previously issued and reported restricted stock units. The dividend equivalent rights accrued when and as dividends were paid on Annaly Capital Management, Inc.'s common stock and vested proportionately with the underlying restricted stock units in respect of which they were credited. The dividend equivalent rights convert to Annaly Capital Management, Inc.'s common stock on a one-for-one basis
F2 Represents shares surrendered to the issuer to satisfy a tax withholding obligation in connection with the vesting on January 29, 2022 of a restricted stock award previously granted on January 29, 2021.