0001104659-21-066083.txt : 20210513
0001104659-21-066083.hdr.sgml : 20210513
20210513173424
ACCESSION NUMBER: 0001104659-21-066083
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210511
FILED AS OF DATE: 20210513
DATE AS OF CHANGE: 20210513
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NATHAN GILBERT E
CENTRAL INDEX KEY: 0001657622
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35808
FILM NUMBER: 21920996
MAIL ADDRESS:
STREET 1: C/O EMERGENT CAPITAL, INC.
STREET 2: 5355 TOWN CENTER ROAD, SUITE 701
CITY: BOCA RATON
STATE: FL
ZIP: 33486
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
tm2116286-1_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-05-11
0
0001527590
Ready Capital Corp
RC
0001657622
NATHAN GILBERT E
C/O READY CAPITAL CORPORATION,
1251 AVENUE OF THE AMERICAS 50TH FLOOR
NEW YORK,
NY
10020
1
0
0
0
Common stock
2021-05-11
4
P
0
4000
13.6589
A
26953
D
7.00% Convertible Senior Notes due 2023
15.63
2021-05-11
4
S
0
50000
51956.54
D
2020-05-22
2023-08-11
Common stock
3198.8
0
D
The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $13.53 to $13.7095, inclusive on May 11, 2021. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
The conversion rate of the 7.00% Convertible Senior Notes due 2023 (the "Notes") equals 1.5994 shares of the Issuer's common stock per $25.00 principal amount of Notes (equivalent to a conversion price of approximately $15.63 per share of the Issuer's common stock). The conversion rate and thus the conversion price are subject to adjustment in accordance with the terms of the Notes.
Calculated based on the conversion rate of 1.5994 shares of the Issuer's common stock per $25.00 principal amount of Notes.
/s/ Gilbert E. Nathan
2021-05-13