Ready Capital Corp — Director's Dealing 2021

Mar 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ready Capital Corp (RC)
CIK: 0001527590
Period of Report: 2021-02-12

Reporting Person: FILIPPS FRANK P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-12	Common Stock	A	7800	—	Acquired	34720	Direct

Footnotes

F1: On February 12, 2021, the reporting person was awarded 7,800 shares of restricted Common Stock under the 2012 Ready Capital Corporation Equity Incentive Plan. The shares will vest in equal installments of one-quarter on March 31, 2021, June 30, 2021, September 30, 2021 and December 31, 2021.

F2: On March 11, 2020, the Issuer's Board of Directors declared a quarterly cash dividend of $0.40 per share of Common Stock. On March 20, 2020, the Issuer announced that the dividend will be paid in a combination of cash and Common Stock on April 30, 2020 to common stockholders of record as of the close of business of March 31, 2020. As a result, the reporting person received approximately 1,279 shares of Common Stock.

F3: Reflects the withholding of an aggregate of 1,387 shares of Common Stock by the Issuer, with approval of the Issuer's Board of Directors, in order to satisfy the tax withholding obligation of the reporting person in connection with prior vesting of Common Stock previously granted and reported on a prior Form 4.