4//SEC Filing
Buttacavoli Thomas 4
Accession 0001104659-18-052005
CIK 0001527590other
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 5:02 PM ET
Size
6.9 KB
Accession
0001104659-18-052005
Insider Transaction Report
Form 4
Buttacavoli Thomas
Chief Investment Officer
Transactions
- Award
Common Stock
2018-08-10+699→ 5,908 total(indirect: By Waterfall)
Holdings
- 80,950
Common Stock
Footnotes (3)
- [F1]On August 10, 2018, the board of the directors of the Issuer approved the issuance of 8,123 shares of Common Stock to Waterfall Asset Management, LLC, its external manager (the "Manager"), as payment of 50% of the incentive distribution payable to the Manager pursuant to the management agreement between the Issuer and the Manager. The 699 shares of Common Stock reported on this Form 4 represent the Reporting Person's pro rata ownership of the 8,123 shares based on the Reporting Person's percentage ownership in the Manager.
- [F2]These shares represent the 5,908 shares of Common Stock of the Issuer out of the 60,154 and 8,454 total shares of Common Stock held by the Manager and Waterfall Management, LLC ("WM" and together with the Manager, "Waterfall"), respectively, including through each entity's ownership of Sutherland REIT Holdings, LP (the "Partnership") based on the Reporting Person's percentage ownership in Waterfall. The Reporting Person disclaims beneficial ownership of the shares held by Waterfall, except to the extent of his economic interest therein.
- [F3]Includes 64,723 shares of Common Stock previously held indirectly through the Reporting Person's ownership of the Partnership as reported in a Form 4 filed by the Reporting Person on May 18, 2018, which are held directly by the Reporting Person on the date hereof.
Documents
Issuer
Sutherland Asset Management Corp
CIK 0001527590
Entity typeother
Related Parties
1- filerCIK 0001689600
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 5:02 PM ET
- Size
- 6.9 KB