Michael Nierenberg - Dec 8, 2022 Form 4 Insider Report for Rithm Capital Corp. (RITM)

Role
Chairman, CEO & President, Director
Signature
/s/ Philip Sivin, as Attorney-in-Fact
Stock symbol
RITM
Transactions as of
Dec 8, 2022
Transactions value $
$0
Form type
4
Date filed
12/9/2022, 02:44 PM
Previous filing
Mar 17, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RITM Common Stock Award $0 +578K +161.9% $0.00 935K Dec 8, 2022 Direct F1, F2
holding RITM Common Stock 56.3K Dec 8, 2022 By Trust for Children
holding RITM Common Stock 302K Dec 8, 2022 By Trust for Daughter
holding RITM Common Stock 302K Dec 8, 2022 By Trust for Son
holding RITM Common Stock 130K Dec 8, 2022 By 2019 GRAT
holding RITM Common Stock 23.9K Dec 8, 2022 Custodian for Daughter
holding RITM Common Stock 24.4K Dec 8, 2022 Custodian for Son
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock awards granted under the Rithm Capital Corp. Nonqualified Stock Option and Incentive Award Plan, which will vest in three equal installments on June 17 of each of 2023, 2024 and 2025, so long as the Reporting Person remains in continued employment with the Issuer. As previously disclosed, the restricted stock was granted in full satisfaction of the terms of Section 2(d) of the Employment Agreement by and between the Reporting Person and the Issuer, effective as of June 17, 2022. The applicable closing stock price was $8.65 on June 17, 2022.
F2 Includes 578,034 unvested shares of restricted stock.