Waterfall Asset Management, LLC - 08 Nov 2021 Form 4 Insider Report for Ready Capital Corp (RC)

Role
10%+ Owner
Signature
/s/ Thomas E. Capasse, Member
Issuer symbol
RC
Transactions as of
08 Nov 2021
Net transactions value
$0
Form type
4
Filing time
10 Nov 2021, 20:30:30 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RC Common Stock Award +84,758 +33% 341,428 08 Nov 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 8, 2021, the board of directors of the Issuer approved the issuance of 84,758 shares of Common Stock to the Reporting Person, the Issuer's external manager, as payment of 50% of the incentive distribution payable to the Reporting Person pursuant to the management agreement.