Pinkie Dent Mayfield - 31 May 2023 Form 4 Insider Report for Broadmark Realty Capital Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Jun 2023, 16:15:37 UTC
Prior SEC filing
13 Jun 2022
Next SEC filing
05 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nevin Boparai, as Attorney-in-Fact for Pinkie D. Mayfield
Filing notes and source

Key filing fact

Pinkie Dent Mayfield filed Form 4 for Broadmark Realty Capital Inc. on 02 Jun 2023.

Key facts

  • This page summarizes Pinkie Dent Mayfield's Form 4 filing for Broadmark Realty Capital Inc..
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 02 Jun 2023, 16:15.

Change

  • Previous filing in this sequence was filed on 13 Jun 2022.
  • 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BRMK transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-13,050
Change %
-100%
Price
Shares after
0
Date
31 May 2023
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Pinkie Dent Mayfield is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated as of February 26, 2023 (the "Agreement"), by and among Ready Capital Corporation, a Maryland corporation ("Parent"), RCC Merger Sub, LLC, a Delaware limited liability company and wholly owned subsidiary of Parent ("Merger Sub"), and the Issuer, effective May 31, 2023 (the "Effective Time"), the Issuer was merged with and into Merger Sub with Merger Sub continuing as the surviving company and a subsidiary of Parent.

Footnote F2

Consists of 13,050 restricted stock units ("RSUs") unvested immediately prior to the Effective Time. Each RSU represented a contingent right to receive one share of the Issuer's common stock ("Common Stock") upon vesting.

Footnote F3

Pursuant to the Agreement, at the Effective Time, each Issuer RSU outstanding, whether vested or unvested, was assumed by Parent and converted into an award of RSUs with respect to a number of shares of Parent's common stock equal to the product of (i) the total number of shares of Common Stock subject to such RSUs as of immediately prior to the Effective Time and (ii) 0.47233 (rounded to the nearest whole share), on the same terms and conditions as were applicable to such RSUs as of immediately prior to the Effective Time.

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