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4//SEC Filing

Buttacavoli Thomas 4

Accession 0001104659-21-137200

CIK 0001527590other

Filed

Nov 9, 7:00 PM ET

Accepted

Nov 10, 9:28 PM ET

Size

6.6 KB

Accession

0001104659-21-137200

Insider Transaction Report

Form 4
Period: 2021-11-08
Buttacavoli Thomas
Chief Investment Officer
Transactions
  • Award

    Common Stock

    2021-11-08+7,30230,771 total(indirect: By Waterfall)
Holdings
  • Common Stock

    113,361
Footnotes (2)
  • [F1]On November 8, 2021, the board of the directors of the Issuer approved the issuance of 84,758 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 7,302 shares of Common Stock reported on this Form 4 represent the Reporting Person's pro rata ownership of the 84,758 shares based on the Reporting Person's percentage ownership in the Manager.
  • [F2]These shares represent the 30,771 shares of Common Stock of the Issuer out of the 341,428 and 8,869 total shares of Common Stock held by the Manager and Waterfall Management, LLC ("WM" and together with the Manager, "Waterfall"), respectively, 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.

Issuer

Ready Capital Corp

CIK 0001527590

Entity typeother

Related Parties

1
  • filerCIK 0001689600

Filing Metadata

Form type
4
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 9:28 PM ET
Size
6.6 KB