Key facts
- This page summarizes Thomas Buttacavoli's Form 4 filing for Ready Capital Corp (RC).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 10 Nov 2021, 20:28.
Thomas Buttacavoli - 08 Nov 2021 Form 4 Insider Report for Ready Capital Corp (RC)
- Reporting relationship
- Chief Investment Officer
- Issuer ticker
- RC
- Reported as of
- 08 Nov 2021
- Net transaction value
- $0
- Reporting owner signature
- /s/ Thomas Buttacavoli
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Thomas Buttacavoli filed Form 4 for Ready Capital Corp (RC) on 10 Nov 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
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
View source 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
Award
- Transaction value
- Shares
- +7,302
- Change %
- +31%
- Price
- Shares after
- 30,771
- Date
- 08 Nov 2021
- Ownership
- By Waterfall
- Footnotes
- F1, F2
RC
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 113,361
- Date
- 08 Nov 2021
- Ownership
- Direct
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
On November 8, 2021, the board of the directors of the Issuer approved the issuance of 84,758 shares of Common Stock to Waterfall Asset Management, LLC, its external manager (the "Manager"), as payment of 50% of the incentive distribution payable to the Manager pursuant to the management agreement between the Issuer and the Manager. The 7,302 shares of Common Stock reported on this Form 4 represent the Reporting Person's pro rata ownership of the 84,758 shares based on the Reporting Person's percentage ownership in the Manager.
Footnote F2
These shares represent the 30,771 shares of Common Stock of the Issuer out of the 341,428 and 8,869 total shares of Common Stock held by the Manager and Waterfall Management, LLC ("WM" and together with the Manager, "Waterfall"), respectively, based on the Reporting Person's percentage ownership in Waterfall. The Reporting Person disclaims beneficial ownership of the shares held by Waterfall, except to the extent of his economic interest therein.