Wellington Denahan - 18 May 2023 Form 4 Insider Report for ANNALY CAPITAL MANAGEMENT INC (NLY)

Role
Director
Signature
/s/ Anthony C. Green, Attorney-in-Fact for Wellington Denahan
Issuer symbol
NLY
Transactions as of
18 May 2023
Net transactions value
$0
Form type
4
Filing time
19 May 2023, 16:43:32 UTC
Previous filing
20 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLY Common Stock Options Exercise $0 +7,057 +2.8% $0.000000 256,857 18 May 2023 Direct
holding NLY Common Stock 216,920 18 May 2023 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 Options Exercise $0 -7,057 -100% $0.000000* 0 18 May 2023 Common Stock 7,057 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Wellington Denahan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock held by The Wellington J. Denahan 2022 Grantor Retained Annuity Trust (the "2022 GRAT") for the benefit of an immediate family member of the reporting person. The reporting person is sole trustee of the 2022 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.