John H. Schaefer - May 18, 2022 Form 4 Insider Report for ANNALY CAPITAL MANAGEMENT INC (NLY)

Role: Director
Signature: /s/ Anthony C. Green, as Attorney-in-Fact for John H. Schaefer
Stock symbol: NLY
Transactions as of: May 18, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/20/2022, 05:05 PM
Previous filing: May 21, 2021
Next filing: May 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NLY	Common Stock						87.5K	May 18, 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NLY	Deferred Stock Units	Award	$0	+24.4K	+19.55%	$0.00	149K	May 18, 2022	Common Stock	24.4K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Deferred Stock Units ("DSUs") convert to shares of Common Stock on a one-for-one basis one year after the date of grant unless the director elects to defer the settlement of the DSUs until after a termination of service pursuant to the Annaly Capital Management, Inc. 2010 Equity Incentive Plan or the Annaly Capital Management, Inc. 2020 Equity Incentive Plan as applicable. The reporting person has elected such deferred settlement for all DSUs reported above.
F2	Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions, including 36,097 DSUs acquired pursuant to dividend reinvestment for which no additional price was paid.

Content

The Deferred Stock Units ("DSUs") convert to shares of Common Stock on a one-for-one basis one year after the date of grant unless the director elects to defer the settlement of the DSUs until after a termination of service pursuant to the Annaly Capital Management, Inc. 2010 Equity Incentive Plan or the Annaly Capital Management, Inc. 2020 Equity Incentive Plan as applicable. The reporting person has elected such deferred settlement for all DSUs reported above.

Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions, including 36,097 DSUs acquired pursuant to dividend reinvestment for which no additional price was paid.