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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
826675	Dynex Capital Inc	DX	Real Estate Investment Trusts (6798)	521549373

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1026505	B Thomas Akin	C/O Dynex Capital, Inc. 4991 Lake Brook Drive, Suite 100 Glen Allen VA 23060		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2016-07-22	17,200	$6.80	550,833	No	4	S	Indirect	By Talkot Fund
Common Stock	Disposition	2016-07-25	13,752	$6.79	537,081	No	4	S	Indirect	By Talkot Fund

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Talkot Fund
No	4	S	Indirect	By Talkot Fund

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,308,472	Direct

Footnotes

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2016.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.77 to $6.82, inclusive. The reporting person undertakes to provide to Dynex Capital, Inc. ("Dynex"), any security holder of Dynex, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.77 to $6.8050, inclusive. The reporting person undertakes to provide to Dynex, any security holder of Dynex, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.