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Filing Details

Accession Number:: 0001144204-14-038642
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-06-19 20:36:24
Reporting Period:: 2014-06-10

Filing Date:: 2014-06-19
Accepted Time:: 2014-06-19 20:36:24
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1568832	Rcs Capital Corp	RCAP	Security Brokers, Dealers & Flotation Companies (6211)	383894716

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1248577	S Nicholas Schorsch	C/O Rcs Capital Corporation 405 Park Ave., 15Th Floor New York NY 10022	Chief Executive Officer	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2014-06-10	5,000,000	$19.04	7,851,499	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	11,200,000	Indirect	See footnote

Footnotes

In connection with the secondary offering (the "Secondary Offering") of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), of RCS Capital Corporation (the "Company") by certain selling shareholders pursuant to an underwriting agreement and final prospectus supplement, each dated June 5, 2014, RCAP Holdings, LLC, as a selling stockholder, sold 5,000,000 shares of Class A Common Stock of the Company. The price reported represents the $20.25 secondary public offering price per share of Common Stock, less the underwriting discount of $1.215 per share of Common Stock. The Secondary Offering closed on June 10, 2014.
The securities are held by RCAP Holdings, LLC. Control of RCAP Holdings, LLC is exclusively vested in Messrs. Nicholas S. Schorsch and William M. Kahane, who are managing members of RCAP Holdings, LLC. The Reporting Person disclaims pecuniary interest in the reported securities except to the extent of his economic interest therein.
The securities are held by RCAP Equity, LLC, a manager managed Delaware limited liability company. Control of RCAP Equity, LLC is exclusively vested in Messrs. Nicholas S. Schorsch and William M. Kahane, who are managing members of RCAP Equity, LLC. The Reporting Person disclaims pecuniary interest in the reported securities except to the extent of his economic interest therein.
On April 28, 2014, RCAP Holdings, LLC transferred 11,200,000 shares of Class A Common Stock previously held by RCAP Holdings, LLC to RCAP Equity, LLC. Control of both RCAP Equity, LLC and RCAP Holdings, LLC is exclusively vested in Messrs. Nicolas S. Schorsch and William M. Kahane, each of whom are managing members of RCAP Equity, LLC and RCAP Holdings, LLC. The Reporting Person disclaims pecuniary interest in the reported securities except to the extent of his economic interest therein.