Nitric oxide (NO) and natriuretic peptide hormones play key roles in a surprising number of neuronal functions, including learning and memory. Most data suggest that they exert converging actions by elevation of intracellular cyclic GMP (cGMP) levels through activation of soluble and particulate guanylyl cyclases. However, cGMP is only the starting point for multiple signaling cascades, which are now beginning to be defined. A primary action of elevated cGMP levels is the stimulation of cGMP-dependent protein kinase (PKG), the major intracellular receptor protein for cGMP, which phosphorylates substrate proteins to exert its actions. It has become increasingly clear that PKG mediates some of the neuronal effects of cGMP, but how is not yet clear. One clear illustration of this pathway has been reported in striatonigral nerve terminals, where NO mediates phosphorylation of the protein phosphatase regulator dopamine-and cyclic AM P-regulated phosphoprotein having a molecular mass of 32,000 (DARPP-32) by PKG. There are remarkably few PKG substrates in brain whose identities are known. A survey of these proteins and those known from other tissues that might also be found in the nervous system reveals the key molecular sites where cGMP and PKG signaling is likely to be regulating neural function. These potential substrates are critically placed to have profound effects on the protein phosphorylation network through regulation of protein phosphatases, intracellular calcium levels, and the function of many ion channels and neurotransmitter receptors. The brain also contains a rich diversity of specific PKG substrates whose identities are not yet known. Their future identification will provide exciting new leads that will permit better understanding of the role of PKG signaling in both basic and higher orders of brain function. Key Words: Protein phosphorylation-Cyclic GMP-Cyclic GMP-dependent protein kinase-BrainNeuron-Neurotransmitter release. J. Neurochem. 68, 443-456 (1997).The widespread biological importance of cyclic GMP (cGMP) signaling through cGMP-dependent protein kinase (PKG) has been slow to be appreciated. Despite an exciting flourish of activity in the late I 960s and early 1970s when both cGMP and PKG were discovered, research largely languished for many years and was focused in only a small number of laboratories. This was probably due to the difficulty in determining how this signaling system was activated, what biological processes it regulated, and what substrates of PKG might mediate its actions. PKG' s role in smooth muscle relaxation has been the most significant area of productive research. It was not until more recent years that it was discovered that two pathways lead to cGMP signaling, via natriuretic peptides such as atrial natriuretic peptide (ANP) and soluble gases such as nitric oxide (NO) and carbon monoxide, which elevate intracellular cGMP levels through activation of particulate (GC-P) and soluble (GC-S) guanylyl cyclases (Fig. 1). In the last few years there has been an expl...