0001179110-21-003646.txt : 20210322
0001179110-21-003646.hdr.sgml : 20210322
20210322161729
ACCESSION NUMBER: 0001179110-21-003646
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210319
FILED AS OF DATE: 20210322
DATE AS OF CHANGE: 20210322
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MCADAMS JOSEPH E
CENTRAL INDEX KEY: 0001209603
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13709
FILM NUMBER: 21761495
MAIL ADDRESS:
STREET 1: 1299 OCEAN AVE.
STREET 2: SUITE 250
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ANWORTH MORTGAGE ASSET CORP
CENTRAL INDEX KEY: 0001047884
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 522059785
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1299 OCEAN AVENUE
STREET 2: SECOND FLOOR
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
BUSINESS PHONE: 310-255-4493
MAIL ADDRESS:
STREET 1: 1299 OCEAN AVENUE
STREET 2: SECOND FLOOR
CITY: SANTA MONICA
STATE: CA
ZIP: 90401
4
1
edgar.xml
FORM 4 -
X0306
4
2021-03-19
1
0001047884
ANWORTH MORTGAGE ASSET CORP
ANH
0001209603
MCADAMS JOSEPH E
1299 OCEAN AVENUE, 2ND FL.
SANTA MONICA
CA
90401
1
1
0
0
CEO & President
Common Stock
2021-03-19
4
D
0
262096
D
0
D
Common Stock
2021-03-19
4
D
0
33700
D
0
I
The McAdams Foundation
Restricted Stock Unit
2021-03-19
4
D
0
81112
D
Common Stock
81112
0
D
Series B Cumulative Convertible Preferred Stock
2021-03-19
4
D
0
6700
D
Common Stock
41697
0
I
The McAdams Foundation
On March 19, 2021, pursuant to that certain Agreement and Plan of Merger, dated as of December 6, 2020, by and among Ready Capital Corporation ("Ready Capital"), RC Merger Subsidiary, LLC, a wholly owned subsidiary of Ready Capital ("Merger Sub"), and the Issuer (the "Merger Agreement"), the Issuer merged with and into Merger Sub with Merger Sub surviving as the continuing company (the "Merger"). Upon consummation of the Merger, each share of common stock of the Issuer was converted into the right to receive from Ready Capital (i) 0.1688 newly issued shares of common stock, par value $0.0001 per share, of Ready Capital, plus (ii) $0.61 in cash (the "Per Share Common Merger Consideration").
Shares held by The McAdams Foundation, of which Mr. McAdams is a director.
Pursuant to the Merger Agreement, at the closing of the Merger, each such Restricted Stock Unit was cancelled for no consideration.
Pursuant to the Merger Agreement, at the closing of the Merger, each such share of Issuer Series B Cumulative Convertible Preferred Stock was converted into the right to receive one share of Ready Capital 6.25% Series C Cumulative Convertible Preferred Stock, par value $0.0001 per share.
/s/ Joseph E. McAdams
2021-03-22