Filing Details
- Accession Number:
- 0001104659-20-036977
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-20 19:01:21
- Reporting Period:
- 2020-03-18
- Accepted Time:
- 2020-03-20 19:01:21
- 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 | 2020-03-18 | 10,000 | $6.33 | 108,060 | 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
- The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $6.30 to $6.35, 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.
- 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.