Serena Wolfe - Feb 1, 2023 Form 4 Insider Report for ANNALY CAPITAL MANAGEMENT INC (NLY)

Role
Chief Financial Officer
Signature
/s/ Anthony C. Green, as Attorney-in-Fact for Serena Wolfe
Stock symbol
NLY
Transactions as of
Feb 1, 2023
Transactions value $
-$56,280
Form type
4
Date filed
2/2/2023, 05:01 PM
Previous filing
Jan 31, 2023
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLY Common Stock Options Exercise $0 +634 +2.69% $0.00 24.2K Feb 1, 2023 Direct F1
transaction NLY Common Stock Tax liability -$56.3K -2.35K -9.69% $24.00 21.9K Feb 1, 2023 Direct F2
transaction NLY Common Stock Award $0 +37.1K +169.78% $0.00 59K Feb 1, 2023 Direct F3
* 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 February 1, 2023 of a restricted stock award previously granted on February 1, 2022.
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).