0001104659-21-030291.txt : 20210301
0001104659-21-030291.hdr.sgml : 20210301
20210301210408
ACCESSION NUMBER: 0001104659-21-030291
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210212
FILED AS OF DATE: 20210301
DATE AS OF CHANGE: 20210301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: REESE J MITCHELL
CENTRAL INDEX KEY: 0001212662
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35808
FILM NUMBER: 21700859
MAIL ADDRESS:
STREET 1: 210 MONTEREY DR. S.
CITY: VERO BEACH
STATE: FL
ZIP: 32963
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Ready Capital Corp
CENTRAL INDEX KEY: 0001527590
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 900729143
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1140 AVENUE OF THE AMERICAS, 7TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
BUSINESS PHONE: 212-257-4600
MAIL ADDRESS:
STREET 1: 1140 AVENUE OF THE AMERICAS, 7TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
FORMER COMPANY:
FORMER CONFORMED NAME: Sutherland Asset Management Corp
DATE OF NAME CHANGE: 20161110
FORMER COMPANY:
FORMER CONFORMED NAME: ZAIS Financial Corp.
DATE OF NAME CHANGE: 20110808
4
1
tm218354-3_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-02-12
0
0001527590
Ready Capital Corp
RC
0001212662
REESE J MITCHELL
C/O READY CAPITAL CORPORATION
1251 AVENUE OF THE AMERICAS 50TH FLOOR
NEW YORK
NY
10020
1
0
0
0
Common Stock
2021-02-12
4
A
0
7800
0
A
71754
I
J.Mitchell Reese Jr. Trust, UA 5/5/1999
On February 12, 2021, the reporting person was awarded 7,800 shares of restricted Common Stock under the 2012 Ready Capital Corporation Equity Incentive Plan. The shares will vest in equal installments of one-quarter on March 31, 2021, June 30, 2021, September 30, 2021 and December 31, 2021.
The reporting person owns the shares of Common Stock of the issuer through the J. Mitchell Reese Jr. Trust, UA 5/5/1999. The reporting person serves as the trustee and sole beneficiary of the trust and has sole voting and investment power with respect to the securities held by the trust.
On March 11, 2020, the Issuer's Board of Directors declared a quarterly cash dividend of $0.40 per share of Common Stock. On March 20, 2020, the Issuer announced that the dividend will be paid in a combination of cash and Common Stock on April 30, 2020 to common stockholders of record as of the close of business of March 31, 2020. As a result, the reporting person received approximately 1,279 shares of Common Stock.
Reflects the withholding of an aggregate of 1,387 shares of Common Stock by the Issuer, with approval of the Issuer's Board of Directors, in order to satisfy the tax withholding obligation of the reporting person in connection with prior vesting of Common Stock previously granted and reported on a prior Form 4.
/s/ J. Mitchell Reese
2021-03-01