EX-4.10



 Exhibit 4.10 

CERTIFICATE OF STOCK 
 [LOGO] 

ANNALY CAPITAL MANAGEMENT, INC. 

INCORPORATED UNDER THE LAWS OF 

THE STATE OF MARYLAND 
  

			
	NUMBER	  	SHARES

 8.125% SERIES H CUMULATIVE 

REDEEMABLE PREFERRED STOCK 
 SEE REVERSE FOR IMPORTANT NOTICE ON

 TRANSFER RESTRICTIONS AND OTHER INFORMATION 
 CUSIP [●]

 THIS CERTIFIES THAT
                                        
                                         
                                         
                                         
                          is the owner of
                                      
                                         
                                         
                                         
                    FULLY PAID AND NONASSESSABLE SHARES OF THE 8.125% SERIES H CUMULATIVE REDEEMABLE PREFERRED STOCK, $0.01 PAR VALUE, OF ANNALY
CAPITAL MANAGEMENT, INC. 
 (the “Corporation”) transferable on the books of the Corporation by the holder hereof in person or by duly
authorized attorney, upon surrender of this Certificate properly endorsed. This Certificate and the shares represented hereby are issued and shall be held subject to all the provisions of the Articles of Incorporation, as amended (the
“Charter”), and the By-Laws of the Corporation, as amended (copies of which are on file at the office of the Transfer Agent), to all of which the holder of this Certificate by acceptance hereof
assents. This Certificate is not valid unless countersigned by the Transfer Agent and registered by the Registrar. 
 WITNESS the facsimile seal of the
Corporation and the facsimile signatures of its duly authorized officers. 
 Dated: 

[SEAL OF ANNALY CAPITAL MANAGEMENT, INC.] 
  

					
	 /s/ Anthony Green
	 		  	 /s/ Kevin G. Keyes

	SECRETARY	 		  	CHAIRMAN, CHIEF EXECUTIVE OFFICER AND PRESIDENT

 COUNTERSIGNED AND REGISTERED: 

COMPUTERSHARE SHAREOWNER SERVICES LLC 
 TRANSFER AGENT AND
REGISTRAR 
 BY 
 AUTHORIZED SIGNATURE 







 IMPORTANT NOTICE 

THE SHARES OF CAPITAL STOCK REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFER FOR THE PURPOSE OF THE COMPANY’S MAINTENANCE OF ITS
STATUS AS A REAL ESTATE INVESTMENT TRUST UNDER THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. THE COMPANY’S CHARTER PROVIDES THAT ANY SALE, TRANSFER, GIFT, ASSIGNMENT, DEVICE OR OTHER DISPOSITION OF CAPITAL STOCK OF THE COMPANY
THAT, IF EFFECTIVE, WOULD RESULT IN ANY PERSON OR ENTITY BENEFICIALLY OWNING IN EXCESS OF 9.8%, IN NUMBER OF SHARES OR VALUE, OF OUTSTANDING CAPITAL STOCK OF THE COMPANY, SHALL BE VOID AB INITIO AS TO THE TRANSFER OF SUCH SHARES OF CAPITAL
STOCK REPRESENTING BENEFICIAL OWNERSHIP OF SHARES OF CAPITAL STOCK IN EXCESS OF SUCH OWNERSHIP LIMIT, AND THE INTENDED TRANSFEREE SHALL ACQUIRE NO RIGHTS IN SUCH SHARES OF CAPITAL STOCK. A COPY OF THE CHARTER, INCLUDING RESTRICTIONS ON OWNERSHIP AND
TRANSFER OF CAPITAL STOCK, WILL BE FURNISHED TO EACH HOLDER OF CAPITAL STOCK OF THE CORPORATION ON REQUEST AND WITHOUT CHARGE. REQUESTS FOR SUCH A COPY MAY BE DIRECTED TO THE SECRETARY OF THE CORPORATION AT ITS PRINCIPAL OFFICE. THE COMPANY
WILL FURNISH TO ANY STOCKHOLDER OF THE COMPANY UPON REQUEST AND WITHOUT CHARGE A FULL STATEMENT OF (1) THE DESIGNATIONS AND ANY PREFERENCES, CONVERSION AND OTHER RIGHTS, VOTING POWERS, RESTRICTIONS, LIMITATIONS AS TO DIVIDENDS, QUALIFICATIONS
AND TERMS AND CONDITIONS OF REDEMPTION OF THE STOCK OF EACH CLASS WHICH THE CORPORATION IS AUTHORIZED TO ISSUE; AND (2) WITH RESPECT TO THE CLASSES OF STOCK WHICH MAY BE ISSUED IN SERIES, A FULL STATEMENT OF (A) THE DIFFERENCES
IN THE RELATIVE RIGHTS AND PREFERENCES BETWEEN THE SHARES OF EACH SERIES TO THE EXTENT THEY HAVE BEEN SET; AND (B) THE AUTHORITY OF THE BOARD OF DIRECTORS TO SET THE RELATIVE RIGHTS AND PREFERENCES OF SUBSEQUENT SERIES. THE FOREGOING SUMMARY
DOES NOT PURPORT TO BE COMPLETE AND IS SUBJECT TO AND QUALIFIED IN ITS ENTIRETY BY REFERENCE TO THE CHARTER, A COPY OF WHICH WILL BE SENT WITHOUT CHARGE TO EACH STOCKHOLDER WHO SO REQUESTS. SUCH REQUEST MUST BE MADE TO THE SECRETARY OF THE
CORPORATION AT ITS PRINCIPAL OFFICE. 
 The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as
though they were written out in full according to applicable laws or regulations: 
  

					
	TEN COM — as tenants in common	 	
UNIF GIFT MIN ACT-             
   Custodian            

	TEN ENT — as tenants by the entireties	 	
                   
                       (Cust)                 
 (Minor)

	 JT TEN — as joint tenants with right of survivorship and

                  not as tenants in common
	 	 Under Uniform Gifts to Minors

	 	 Act
              
	  	
		 	         (State)	  	

 Additional abbreviations may also be used though not in the above list. 

FOR VALUE RECEIVED,
                                      
                               hereby sell, assign and transfer unto 

PLEASE INSERT SOCIAL SECURITY OR OTHER 
 IDENTIFYING NUMBER OF
ASSIGNEE 
  

                          
                                         
                              

 

			
	 (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING
ZIP CODE, OF ASSIGNEE)
	 	


                        
                                         
                                         
                               Shares of the 8.125% SERIES H CUMULATIVE REDEEMABLE
PREFERRED STOCK represented by the within Certificate, and do hereby irrevocably constitute and appoint
                                        
                                         
                                       
 Attorney to transfer the said stock on the books of the within-named Corporation with full power of substitution in the premises. 








Dated                         
                                         
                                

NOTICE: THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE CERTIFICATE IN EVERY PARTICULAR, WITHOUT ALTERATION OR
ENLARGEMENT OR ANY CHANGE WHATEVER. 
 Signature(s) Guaranteed: 
  

                          
                                         
                                         

THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH
MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM), PURSUANT TO S.E.C. RULE 17Ad-15.