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