Filing Details

Accession Number:
0001104659-20-034888
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-17 19:20:29
Reporting Period:
2020-03-13
Accepted Time:
2020-03-17 19:20:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1527590 Ready Capital Corp RC Real Estate Investment Trusts (6798) 900729143
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1689600 Thomas Buttacavoli 1251 Avenue Of The Americas 50Th Floor
New York NY 10020
Chief Investment Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-03-13 15,000 $9.87 98,060 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,852 Indirect By Waterfall
Footnotes
  1. The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $9.715 to $9.99, inclusive on March 13, 2020. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
  2. 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 Waterfall Asset Management, LLC, its external manager (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.