0001104659-24-027767.txt : 20240226
0001104659-24-027767.hdr.sgml : 20240226
20240226213848
ACCESSION NUMBER: 0001104659-24-027767
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240222
FILED AS OF DATE: 20240226
DATE AS OF CHANGE: 20240226
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: REESE J MITCHELL
CENTRAL INDEX KEY: 0001212662
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35808
FILM NUMBER: 24681685
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]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 900729143
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1251 AVENUE OF THE AMERICAS
STREET 2: 50TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10020
BUSINESS PHONE: (800) 453-3548
MAIL ADDRESS:
STREET 1: 1251 AVENUE OF THE AMERICAS
STREET 2: 50TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10020
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
tm246309-8_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-02-22
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
0
Common stock
2024-02-22
4
A
0
12693
0
A
101059
I
J. Mitchell Reese Jr. Trust, UA 5/5/1999
On February 22, 2024, the reporting person was awarded 12,693 Restricted Stock Units ("RSUs") under the Ready Capital Corporation 2023 Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each RSU at vesting or, at the election of the reporting person, a deferred settlement date. The RSUs will vest in equal installments of one-quarter on March 31, 2024, June 30, 2024, September 30, 2024 and December 31, 2024. The reporting person will receive dividend equivalent rights on unvested RSUs from the grant date payable in cash in an amount equal to the cash dividend distributions paid on a share of Common Stock of the Issuer.
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.
/s/ Michael Kessler, Attorney-in-Fact
2024-02-26