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