0001104659-22-023884.txt : 20220215
0001104659-22-023884.hdr.sgml : 20220215
20220215173417
ACCESSION NUMBER: 0001104659-22-023884
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220212
FILED AS OF DATE: 20220215
DATE AS OF CHANGE: 20220215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Zausmer Adam
CENTRAL INDEX KEY: 0001874130
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35808
FILM NUMBER: 22640425
MAIL ADDRESS:
STREET 1: C/O READY CAPITAL CORPORATION
STREET 2: 1251 AVENUE OF THE AMERICAS, 50TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10020
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
tm226526-7_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2022-02-12
0
0001527590
Ready Capital Corp
RC
0001874130
Zausmer Adam
C/O READY CAPITAL CORPORATION
1251 AVENUE OF THE AMERICAS, 50TH FLOOR
NEW YORK
NY
10020
0
1
0
0
Chief Credit Officer
Common stock
2022-02-12
4
A
0
26427
0
A
43283
D
Common stock
2022-02-12
4
F
0
2649
14.19
D
40634
D
On February 12, 2022, the reporting person was awarded 26,427 Restricted Stock Units ("RSUs") under the 2012 Ready Capital Corporation Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each RSU at vesting. Pursuant to the terms of the award agreement, the RSUs will vest in equal installments of one-third on February 12, 2023, February 12, 2024 and February 12, 2025. 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.
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 5,808 shares of Common Stock.
Represents the closing price of the Common Stock on February 11, 2022.
/s/ Andrew Ahlborn, Attorney-in-Fact
2022-02-15