4//SEC Filing
Buttacavoli Thomas 4
Accession 0001104659-19-014945
CIK 0001527590other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 9:15 PM ET
Size
6.6 KB
Accession
0001104659-19-014945
Insider Transaction Report
Form 4
Buttacavoli Thomas
Chief Investment Officer
Transactions
- Award
Common Stock
2019-03-13+1,288→ 4,852 total(indirect: By Waterfall)
Holdings
- 83,060
Common Stock
Footnotes (2)
- [F1]On March 13, 2019, the board of the directors of the Issuer approved the issuance of 14,939 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 1,288 shares of Common Stock reported on this Form 4 represent the Reporting Person's pro rata ownership of the 14,939 shares based on the Reporting Person's percentage ownership in the Manager.
- [F2]These shares represent the 4,852 shares of Common Stock of the Issuer out of the 47,895 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.
Documents
Issuer
Ready Capital Corp
CIK 0001527590
Entity typeother
Related Parties
1- filerCIK 0001689600
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 9:15 PM ET
- Size
- 6.6 KB