Key facts
- This page summarizes Gilbert E. Nathan's Form 4 filing for Ready Capital Corp (RC).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 13 May 2021, 17:34.
Gilbert E. Nathan - 11 May 2021 Form 4 Insider Report for Ready Capital Corp (RC)
- Form type
- 4
- Accepted by SEC
- 13 May 2021, 17:34:24 UTC
- Next filing
- 19 May 2021
- SEC filing
- View on sec.gov
- Reporting owner signature
- /s/ Gilbert E. Nathan
Source evidence
4 source fields
Reporting owner
1 detail
Key filing fact
Gilbert E. Nathan filed Form 4 for Ready Capital Corp (RC) on 13 May 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: +$4,636.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RC
transaction
Common stock
Purchase
- Transaction value
- $54,636
- Shares
- +4,000
- Change %
- +17%
- Price
- $13.66
- Shares after
- 26,953
- Date
- 11 May 2021
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RC
transaction
Derivative
7.00% Convertible Senior Notes due 2023
Sale
- Transaction value
- $50,000
- Shares
- Change %
- Price
- Shares after
- 0
- Date
- 11 May 2021
- Ownership
- Direct
- Underlying class
- Common stock
- Underlying amount
- 3,199
- Exercise price
- $15.63
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
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.
Footnote F2
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.
Footnote F3
Calculated based on the conversion rate of 1.5994 shares of the Issuer's common stock per $25.00 principal amount of Notes.