Andrea Petro - 05 Oct 2023 Form 4 Insider Report for Ready Capital Corp (RC)

Role: Director
Signature: /s/ Misbah Mohiuddin, as Attorney-in-fact for Andrea Petro
Issuer symbol: RC
Transactions as of: 05 Oct 2023
Net transactions value: $0
Form type: 4
Filing time: 06 Oct 2023, 17:06:36 UTC
Previous filing: 07 Jun 2022
Next filing: 26 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RC	Common stock	Award	$0	+2,844	+28%	$0.000000	12,894	05 Oct 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On October 5, 2023, the reporting person was awarded 2,844 Restricted Stock Units ("RSUs") under the Ready Capital Corporation 2023 Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each RSU at vesting or, at the election of the reporting person, a deferred settlement date. The RSUs will vest on December 31, 2023. 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.

Content

On October 5, 2023, the reporting person was awarded 2,844 Restricted Stock Units ("RSUs") under the Ready Capital Corporation 2023 Equity Incentive Plan, which represent the right to receive one share of Common Stock of the Issuer for each RSU at vesting or, at the election of the reporting person, a deferred settlement date. The RSUs will vest on December 31, 2023. 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.