NLY

SEC source: 0001628280-22-018522 · wf-form4_165705730704832.xml · nonDerivative · entry 2

Finkelstein David L · CIK 0001688537 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,612,944

F2 · shares: Represents shares surrendered to the issuer to satisfy a tax withholding obligation in connection with the vesting on June 30, 2022 of a restricted stock award previously granted on June 30, 2020.

SEC source: 0001628280-22-018522 · wf-form4_165705730704832.xml · nonDerivative · entry 1

Finkelstein David L · CIK 0001688537 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,700,734

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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

SEC source: 0001628280-22-018521 · wf-form4_165705728520805.xml · nonDerivative · entry 2

Green Anthony C · CIK 0001694411 · Chief Corporate Officer, CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 405,590

F2 · shares: Represents shares surrendered to the issuer to satisfy a tax withholding obligation in connection with the vesting on June 30, 2022 of a restricted stock award previously granted on June 30, 2020.

SEC source: 0001628280-22-018521 · wf-form4_165705728520805.xml · nonDerivative · entry 1

Green Anthony C · CIK 0001694411 · Chief Corporate Officer, CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 421,798

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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

SEC source: 0001628280-22-017444 · wf-form4_165549806174671.xml · nonDerivative · entry 1

Finkelstein David L · CIK 0001688537 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,669,013

F1 · price: The price reported above reflects the weighted average purchase price of $5.5571, rounded to the nearest hundredth. The highest price at which the shares were purchased was $5.5592 and the lowest price at which the shares were purchased was $5.555. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote in this Form 4.

SEC source: 0001628280-22-015072 · wf-form4_165308082883446.xml · derivative · entry 3

Fallon Katherine Beirne · CIK 0001721214 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,249

Underlying: Common Stock · 7,804 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

F2 · balance_after: Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions.

SEC source: 0001628280-22-015072 · wf-form4_165308082883446.xml · nonDerivative · entry 1

Fallon Katherine Beirne · CIK 0001721214 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,513

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001628280-22-015071 · wf-form4_165308079579177.xml · derivative · entry 4

DENAHAN WELLINGTON · CIK 0001235657 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,372

Underlying: Common Stock · 17,468 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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 · balance_after: Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions.

SEC source: 0001628280-22-015071 · wf-form4_165308079579177.xml · nonDerivative · entry 1

DENAHAN WELLINGTON · CIK 0001235657 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,050,204

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001628280-22-015068 · wf-form4_165308071526530.xml · derivative · entry 3

Reeves Eric A. · CIK 0001851872 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,739

Underlying: Common Stock · 13,101 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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. 2020 Equity Incentive Plan.

F1 · derivative.exercise_date: 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. 2020 Equity Incentive Plan.

F1 · derivative.expiration_date: 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. 2020 Equity Incentive Plan.

F2 · balance_after: Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions, including 465 DSUs acquired pursuant to dividend reinvestment for which no additional price was paid.

SEC source: 0001628280-22-015068 · wf-form4_165308071526530.xml · nonDerivative · entry 1

Reeves Eric A. · CIK 0001851872 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,101

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001628280-22-015078 · wf-form4_165308370674228.xml · derivative · entry 2

Bovich Francine J. · CIK 0001534336 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 214,673

Underlying: Common Stock · 24,372 shares

Expires not disclosed

F1 · derivative.exercise_price: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F1 · derivative.exercise_date: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F1 · derivative.expiration_date: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F2 · balance_after: Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions, including 74,887 DSUs acquired pursuant to dividend reinvestment for which no additional price was paid.

SEC source: 0001628280-22-015073 · wf-form4_165308086548315.xml · derivative · entry 2

Williams Vicki · CIK 0001721212 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,982

Underlying: Common Stock · 24,372 shares

Expires not disclosed

F1 · derivative.exercise_price: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F1 · derivative.exercise_date: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F1 · derivative.expiration_date: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F2 · balance_after: Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions.

SEC source: 0001628280-22-015072 · wf-form4_165308082883446.xml · derivative · entry 2

Fallon Katherine Beirne · CIK 0001721214 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,053

Underlying: Common Stock · 24,372 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001628280-22-015071 · wf-form4_165308079579177.xml · derivative · entry 3

DENAHAN WELLINGTON · CIK 0001235657 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,840

Underlying: Common Stock · 24,372 shares

Expires not disclosed

F2 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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.

SEC source: 0001628280-22-015070 · wf-form4_165308076381062.xml · derivative · entry 2

Hannan Kathy Hopinkah · CIK 0001767813 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,981

Underlying: Common Stock · 24,372 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

F2 · balance_after: Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions.

SEC source: 0001628280-22-015069 · wf-form4_165308073857294.xml · derivative · entry 2

VOTEK GLENN · CIK 0001584807 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,981

Underlying: Common Stock · 24,372 shares

Expires not disclosed

F1 · derivative.exercise_price: 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. 2020 Equity Incentive Plan. The reporting person has elected such deferred settlement for all DSUs reported above.

F1 · derivative.exercise_date: 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. 2020 Equity Incentive Plan. The reporting person has elected such deferred settlement for all DSUs reported above.

F1 · derivative.expiration_date: 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. 2020 Equity Incentive Plan. The reporting person has elected such deferred settlement for all DSUs reported above.

F2 · balance_after: Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions.

SEC source: 0001628280-22-015068 · wf-form4_165308071526530.xml · derivative · entry 2

Reeves Eric A. · CIK 0001851872 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,840

Underlying: Common Stock · 24,372 shares

Expires not disclosed

F1 · derivative.exercise_price: 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. 2020 Equity Incentive Plan.

F1 · derivative.exercise_date: 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. 2020 Equity Incentive Plan.

F1 · derivative.expiration_date: 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. 2020 Equity Incentive Plan.

SEC source: 0001628280-22-015067 · wf-form4_165308069180077.xml · derivative · entry 2

Schaefer John H · CIK 0001188749 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 149,058

Underlying: Common Stock · 24,372 shares

Expires not disclosed

F1 · derivative.exercise_price: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F1 · derivative.exercise_date: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F1 · derivative.expiration_date: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F2 · balance_after: Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions, including 36,097 DSUs acquired pursuant to dividend reinvestment for which no additional price was paid.

SEC source: 0001628280-22-015066 · wf-form4_165308066372335.xml · derivative · entry 2

HAYLON MICHAEL E · CIK 0001222407 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 240,580

Underlying: Common Stock · 24,372 shares

Expires not disclosed

F1 · derivative.exercise_price: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F1 · derivative.exercise_date: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F1 · derivative.expiration_date: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F2 · balance_after: Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions, including 91,432 DSUs acquired pursuant to dividend reinvestment for which no additional price was paid.

SEC source: 0001628280-22-015065 · wf-form4_165308061680864.xml · derivative · entry 3

Hamilton Thomas Edward · CIK 0001769848 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 78,124

Underlying: Common Stock · 24,372 shares

Expires not disclosed

F1 · derivative.exercise_price: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F1 · derivative.exercise_date: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F1 · derivative.expiration_date: 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. The reporting person has elected such deferred settlement for all DSUs reported above.

F2 · balance_after: Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions.

SEC source: 0001628280-22-001811 · wf-form4_164393083510350.xml · nonDerivative · entry 1

Finkelstein David L · CIK 0001688537 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,469,013

F1 · shares: 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).

SEC source: 0001628280-22-001810 · wf-form4_164393081481696.xml · nonDerivative · entry 1

Green Anthony C · CIK 0001694411 · Chief Corporate Officer, CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 415,454

F1 · shares: 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).

SEC source: 0001628280-22-001809 · wf-form4_164393079774409.xml · nonDerivative · entry 1

Coffey Timothy P · CIK 0001688842 · Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 399,501

F1 · shares: 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).

SEC source: 0001628280-22-001808 · wf-form4_164393078039347.xml · nonDerivative · entry 1

Wolfe Serena · CIK 0001796495 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 98,840

F1 · shares: 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).

SEC source: 0001628280-22-001807 · wf-form4_164393076443953.xml · nonDerivative · entry 1

Ertas Ilker · CIK 0001834649 · Chief Investment Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 333,083

F1 · shares: 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).

SEC source: 0001628280-22-001806 · wf-form4_164393070818747.xml · nonDerivative · entry 1

Campbell Steven Francis · CIK 0001631803 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 218,503

F1 · shares: 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).

SEC source: 0001628280-22-001618 · wf-form4_164376938655750.xml · nonDerivative · entry 4

Campbell Steven Francis · CIK 0001631803 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,435

F3 · shares: 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.

SEC source: 0001628280-22-001618 · wf-form4_164376938655750.xml · nonDerivative · entry 3

Campbell Steven Francis · CIK 0001631803 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,618

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

SEC source: 0001628280-22-001613 · wf-form4_164376931775379.xml · nonDerivative · entry 4

Ertas Ilker · CIK 0001834649 · Chief Investment Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 185,745

F3 · shares: 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.

SEC source: 0001628280-22-001613 · wf-form4_164376931775379.xml · nonDerivative · entry 3

Ertas Ilker · CIK 0001834649 · Chief Investment Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 187,928

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

SEC source: 0001628280-22-001619 · wf-form4_164376940734699.xml · nonDerivative · entry 2

Wolfe Serena · CIK 0001796495 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,312

F2 · shares: 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.

SEC source: 0001628280-22-001619 · wf-form4_164376940734699.xml · nonDerivative · entry 1

Wolfe Serena · CIK 0001796495 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,278

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

SEC source: 0001628280-22-001618 · wf-form4_164376938655750.xml · nonDerivative · entry 2

Campbell Steven Francis · CIK 0001631803 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 105,744

F2 · shares: 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.

SEC source: 0001628280-22-001618 · wf-form4_164376938655750.xml · nonDerivative · entry 1

Campbell Steven Francis · CIK 0001631803 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 116,194

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

SEC source: 0001628280-22-001616 · wf-form4_164376936758543.xml · nonDerivative · entry 2

Green Anthony C · CIK 0001694411 · Chief Corporate Officer, CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 296,633

F2 · shares: 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.

SEC source: 0001628280-22-001616 · wf-form4_164376936758543.xml · nonDerivative · entry 1

Green Anthony C · CIK 0001694411 · Chief Corporate Officer, CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 311,727

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

SEC source: 0001628280-22-001615 · wf-form4_164376935024682.xml · nonDerivative · entry 2

Finkelstein David L · CIK 0001688537 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,004,818

F2 · shares: 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.

SEC source: 0001628280-22-001615 · wf-form4_164376935024682.xml · nonDerivative · entry 1

Finkelstein David L · CIK 0001688537 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,050,098

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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

SEC source: 0001628280-22-001614 · wf-form4_164376933405125.xml · nonDerivative · entry 2

Coffey Timothy P · CIK 0001688842 · Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 261,669

F2 · shares: 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.

SEC source: 0001628280-22-001614 · wf-form4_164376933405125.xml · nonDerivative · entry 1

Coffey Timothy P · CIK 0001688842 · Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 263,991

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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

SEC source: 0001628280-22-001613 · wf-form4_164376931775379.xml · nonDerivative · entry 2

Ertas Ilker · CIK 0001834649 · Chief Investment Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 187,054

F2 · shares: 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.

SEC source: 0001628280-22-001613 · wf-form4_164376931775379.xml · nonDerivative · entry 1

Ertas Ilker · CIK 0001834649 · Chief Investment Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 204,470

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

SEC source: 0001628280-21-013844 · wf-form4_162629980180953.xml · nonDerivative · entry 2

Green Anthony C · CIK 0001694411 · Chief Corporate Officer, CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 308,842

F2 · shares: Represents shares surrendered to the issuer to satisfy a tax withholding obligation in connection with the vesting on June 30, 2021 of a restricted stock award previously granted on June 30, 2020.

SEC source: 0001628280-21-013844 · wf-form4_162629980180953.xml · nonDerivative · entry 1

Green Anthony C · CIK 0001694411 · Chief Corporate Officer, CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 322,737

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

SEC source: 0001628280-21-013843 · wf-form4_162629978029697.xml · nonDerivative · entry 2

Coffey Timothy P · CIK 0001688842 · Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 263,547

F2 · shares: Represents shares surrendered to the issuer to satisfy a tax withholding obligation in connection with the vesting on June 30, 2021 of a restricted stock award previously granted on June 30, 2020.

SEC source: 0001628280-21-013843 · wf-form4_162629978029697.xml · nonDerivative · entry 1

Coffey Timothy P · CIK 0001688842 · Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 298,284

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

SEC source: 0001628280-21-013842 · wf-form4_162629976136716.xml · nonDerivative · entry 2

Finkelstein David L · CIK 0001688537 · Director · CEO and CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,042,109

F2 · shares: Represents shares surrendered to the issuer to satisfy a tax withholding obligation in connection with the vesting on June 30, 2021 of a restricted stock award previously granted on June 30, 2020.

SEC source: 0001628280-21-013842 · wf-form4_162629976136716.xml · nonDerivative · entry 1

Finkelstein David L · CIK 0001688537 · Director · CEO and CIO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,117,613

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

SEC source: 0001628280-21-010936 · wf-form4_162163591181151.xml · derivative · entry 3

Hannan Kathy Hopinkah · CIK 0001767813 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,609

Underlying: Common Stock · 22,551 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

F2 · balance_after: Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions.