4//SEC Filing
Buttacavoli Thomas 4
Accession 0001104659-20-045963
CIK 0001527590other
Filed
Apr 12, 8:00 PM ET
Accepted
Apr 13, 4:30 PM ET
Size
6.6 KB
Accession
0001104659-20-045963
Insider Transaction Report
Form 4
Buttacavoli Thomas
Chief Investment Officer
Transactions
- Award
Common Stock
2020-04-09+358→ 5,210 total(indirect: By Waterfall)
Holdings
- 108,060
Common Stock
Footnotes (2)
- [F1]On April 9, 2020, the board of the directors of the Issuer approved the issuance of 4,154 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 358 shares of Common Stock reported on this Form 4 represent the Reporting Person's pro rata ownership of the 4,154 shares based on the Reporting Person's percentage ownership in the Manager.
- [F2]These shares represent the 5,210 shares of Common Stock of the Issuer out of the 52,049 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
- Apr 12, 8:00 PM ET
- Accepted
- Apr 13, 4:30 PM ET
- Size
- 6.6 KB