4//SEC Filing
Sivin Philip M 4
Accession 0001299722-24-000005
CIK 0001556593other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 8:57 PM ET
Size
8.0 KB
Accession
0001299722-24-000005
Insider Transaction Report
Form 4
Sivin Philip M
Chief Legal Officer
Transactions
- Tax Payment
Common Stock
2024-02-23$10.60/sh−1,957$20,744→ 16,009 total - Award
Class B Profits Units of Rithm Capital Management LLC
2024-02-23+11,682→ 11,682 total→ Common Stock (11,682 underlying)
Footnotes (4)
- [F1]Represents shares withheld to cover tax withholding obligations when 4,855 previously reported restricted stock units were settled on February 23, 2024.
- [F2]Includes 9,711 unvested restricted stock units.
- [F3]Class B Profits Units of Rithm Capital Management LLC ("RCM") will be exchangeable into shares of Common Stock of the Issuer on a one-for-one basis pursuant to the terms and conditions set forth in the Rithm Capital Management LLC Long Term Incentive Plan and the individual award agreement.
- [F4]Reflects a profits interest award in the form of Class B Profits Units in RCM granted to the Reporting Person on February 23, 2024, which will vest in three equal annual installments on February 23 of each of 2025, 2026 and 2027, so long as the Reporting Person remains in continued employment with the Issuer. These Class B Profits Units will be exchangeable into shares of Common Stock of the Issuer on a one-for-one basis after they have become vested and a sufficient amount of profits have been allocated to the holder of the Class B Profits Units.
Documents
Issuer
Rithm Capital Corp.
CIK 0001556593
Entity typeother
Related Parties
1- filerCIK 0001299722
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 8:57 PM ET
- Size
- 8.0 KB