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Ready Capital Corp — Director's Dealing 2023
Feb 15, 2023
32570_dirs_2023-02-14_889777d9-7663-4ef6-856c-ceb9e1dd689e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ready Capital Corp (RC)
CIK: 0001527590
Period of Report: 2023-02-12
Reporting Person: Sinai Todd M. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-12 | Common stock | A | 8860 | — | Acquired | 53718 | Direct |
Footnotes
F1: On February 12, 2023, the reporting person was awarded 8,860 Restricted Stock Units ("RSUs") under the 2013 Ready Capital Corporation 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 in equal installments of one-quarter on March 31, 2023, June 30, 2023, September 30, 2023 and 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.