0001104659-21-024967.txt : 20210217
0001104659-21-024967.hdr.sgml : 20210217
20210217214529
ACCESSION NUMBER: 0001104659-21-024967
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210212
FILED AS OF DATE: 20210217
DATE AS OF CHANGE: 20210217
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ahlborn Andrew
CENTRAL INDEX KEY: 0001778219
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35808
FILM NUMBER: 21647511
MAIL ADDRESS:
STREET 1: C/O READY CAPITAL CORPORATION
STREET 2: 1140 AVENUE OF THE AMERICAS, 7TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
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
tm217125-1_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-02-12
0
0001527590
Ready Capital Corp
RC
0001778219
Ahlborn Andrew
C/O READY CAPITAL CORPORATION,
1251 AVENUE OF THE AMERICAS, 50TH FLOOR
NEW YORK
NY
10020
0
1
0
0
Chief Financial Officer
Common stock
2021-02-12
4
F
0
1419
12.82
D
22033
D
Common stock
2021-02-12
4
A
0
12379
0
A
34412
D
Consists of shares of Common Stock withheld 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 the vesting of 3,566 shares of Common Stock.
Represents the closing price of the Common Stock on February 12, 2021.
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 1,139 shares of Common Stock.
Reflects the withholding of an aggregate of 937 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 prior Forms 4.
On February 12, 2021, the reporting person was awarded 12,379 shares of restricted Common Stock under the 2012 Ready Capital Corporation Equity Incentive Plan. The shares will vest in equal installments of one-third on February 12, 2022, February 12, 2023 and February 12, 2024. The reporting person will receive dividends on the unvested shares of restricted Common Stock.
/s/ Andrew Ahlborn
2021-02-17