Serena Wolfe - 01 Feb 2023 Form 4 Insider Report for ANNALY CAPITAL MANAGEMENT INC (NLY)

Reporting relationship: Chief Financial Officer
Issuer ticker: NLY
Reported as of: 01 Feb 2023
Net transaction value: -$56,280
SEC form: 4
Accepted by SEC: 02 Feb 2023, 17:01:11 UTC
Prior SEC filing: 31 Jan 2023
Next SEC filing: 12 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Anthony C. Green, as Attorney-in-Fact for Serena Wolfe

Key filing fact

Serena Wolfe filed Form 4 for ANNALY CAPITAL MANAGEMENT INC (NLY) on 02 Feb 2023.

Key facts

This page summarizes Serena Wolfe's Form 4 filing for ANNALY CAPITAL MANAGEMENT INC (NLY).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 02 Feb 2023, 17:01.

Change

Previous filing in this sequence was filed on 31 Jan 2023.
Current net transaction value: -$56,280.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NLY transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +634
Change %: +2.7%
Price: $0.000000
Shares after: 24,202
Date: 01 Feb 2023
Ownership: Direct
Footnotes: F1

NLY transaction

Common Stock

Tax liability

Transaction value: $56,280
Shares: -2,345
Change %: -9.7%
Price: $24.00
Shares after: 21,857
Date: 01 Feb 2023
Ownership: Direct
Footnotes: F2

NLY transaction

Common Stock

Award

Transaction value: $0
Shares: +37,109
Change %: +170%
Price: $0.000000
Shares after: 58,966
Date: 01 Feb 2023
Ownership: Direct
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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

Footnote F2

Represents shares surrendered to the issuer to satisfy a tax withholding obligation in connection with the vesting on February 1, 2023 of a restricted stock award previously granted on February 1, 2022.

Footnote F3

Represents restricted stock units granted pursuant to the Annaly Capital Management, Inc. 2020 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock of Annaly Capital Management, Inc., par value $0.01 per share. The restricted stock units vest ratably over three years beginning on the one-year anniversary of the grant date (subject to accelerated vesting under certain circumstances).