DYNEX CAPITAL INC — Director's Dealing 2012

Mar 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DYNEX CAPITAL INC (DX)
CIK: 0000826675
Period of Report: 2012-03-01

Reporting Person: BENEDETTI STEPHEN J (EVP, COO and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-01	Common Stock	A	12883	—	Acquired	107766.89	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	21567.1261	Indirect

Footnotes

F1: Restricted stock award that vests in 4 equal annual installments beginning on March 1, 2013.

F2: Includes 709.4836 shares acquired under the Dynex Capital, Inc. 401(k) Plan since the last report.