ANNALY CAPITAL MANAGEMENT INC 4
4 · ANNALY CAPITAL MANAGEMENT INC · Filed May 23, 2016
Insider Transaction Report
Form 4
SCHAEFER JOHN H
Director
Transactions
- Exercise/Conversion
Deferred Stock Units
2016-05-21−14,864→ 13,215 total→ Common Stock (14,864 underlying) - Exercise/Conversion
Common Stock
2016-05-21+14,864→ 62,742 total
Footnotes (3)
- [F1]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 following a termination of service as described in Annaly Capital Management, Inc. 2010 Equity Incentive Plan.
- [F2]Includes 1,667 shares acquired pursuant to a dividend reinvestment for which no additional price was paid.
- [F3]Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions.