Ilker Ertas - 29 Jan 2022 Form 4 Insider Report for ANNALY CAPITAL MANAGEMENT INC (NLY)

Role
Chief Investment Officer
Signature
/s/ Anthony C. Green, as Attorney-in-Fact for Ilker Ertas
Issuer symbol
NLY
Transactions as of
29 Jan 2022
Transactions value $
-$154,832
Form type
4
Filing time
01 Feb 2022, 20:35:32 UTC
Next filing
03 Feb 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 +3,328 +1.7% $0 204,470 29 Jan 2022 Direct F1
transaction NLY Common Stock Tax liability -$137,586 -17,416 -8.5% $7.9 187,054 29 Jan 2022 Direct F2
transaction NLY Common Stock Options Exercise $0 +874 +0.47% $0 187,928 31 Jan 2022 Direct F1
transaction NLY Common Stock Tax liability -$17,245 -2,183 -1.2% $7.9 185,745 31 Jan 2022 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 January 29, 2022 of a restricted stock award previously granted on January 29, 2021.
F3 Represents shares surrendered to the issuer to satisfy a tax withholding obligation in connection with the vesting on January 31, 2022 of a restricted stock award previously granted on January 31, 2020.