Wellington Denahan - May 18, 2022 Form 4 Insider Report for ANNALY CAPITAL MANAGEMENT INC (NLY)

Role
Director
Signature
/s/ Anthony C. Green, Attorney-in-Fact for Wellington Denahan
Stock symbol
NLY
Transactions as of
May 18, 2022
Transactions value $
$0
Form type
4
Date filed
5/20/2022, 05:06 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
transaction NLY Common Stock Options Exercise $0 +17.5K +1.69% $0.00 1.05M May 19, 2022 Direct
holding NLY Common Stock 817K May 18, 2022 Indirect F1

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 +139.52% $0.00 41.8K May 18, 2022 Common Stock 24.4K Direct F2
transaction NLY Deferred Stock Units Options Exercise $0 -17.5K -41.75% $0.00 24.4K May 19, 2022 Common Stock 17.5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock held by The Wellington J. Denahan 2020 Grantor Retained Annuity Trust (the "2020 GRAT") for the benefit of an immediate family member of the reporting person. The reporting person is sole trustee of the 2020 GRAT.
F2 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.
F3 Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions.