4//SEC Filing
Taylor Gary 4
Accession 0001104659-25-016997
CIK 0001527590other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 5:34 PM ET
Size
13.2 KB
Accession
0001104659-25-016997
Insider Transaction Report
Form 4
Taylor Gary
Chief Operating Officer
Transactions
- Award
Common Stock
2025-02-22+59,524→ 198,958 total - Exercise/Conversion
Common Stock
2025-02-22+17,241→ 209,244 total - Exercise/Conversion
Performance Stock Units
2025-02-22−17,241→ Common Stock (17,241 underlying) - Tax Payment
Common Stock
2025-02-22$6.72/sh−8,147$54,748→ 201,097 total - Tax Payment
Common Stock
2025-02-22$6.72/sh−6,955$46,738→ 192,003 total
Footnotes (5)
- [F1]On February 22, 2025, the reporting person was awarded 59,524 shares of restricted Common Stock under the Ready Capital Corporation 2023 Equity Incentive Plan. The shares will vest in equal installments of one-third on February 22, 2026, February 22, 2027 and February 22, 2028.
- [F2]Consists of shares of Common Stock withheld by the Issuer, with approval of the Issuer's Board of Directors, in order to satisfy the tax withholding obligation of the reporting person in connection with the vesting of shares of Common Stock granted on February 22, 2024.
- [F3]Represents the closing price of the Common Stock on February 21, 2025.
- [F4]Reflects performance stock units ("PSUs") earned on February 22, 2025, under the Ready Capital Corporation 2013 Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each PSU at vesting. All of the PSUs earned converted to fully-vested shares of Common Stock on February 22, 2025.
- [F5]Consists of shares of Common Stock withheld by the Issuer, with approval of the Issuer's Board of Directors, in order to satisfy the tax withholding obligation of the reporting person in connection with the vesting of PSUs as described in footnote (4) hereof.
Documents
Issuer
Ready Capital Corp
CIK 0001527590
Entity typeother
Related Parties
1- filerCIK 0001773584
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 5:34 PM ET
- Size
- 13.2 KB