Ready Capital Corp — Director's Dealing 2024

Feb 27, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ready Capital Corp (RC)
CIK: 0001527590
Period of Report: 2024-02-22

Reporting Person: REESE J MITCHELL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-22	Common stock	A	12693	—	Acquired	101059	Indirect

Footnotes

F1: On February 22, 2024, the reporting person was awarded 12,693 Restricted Stock Units ("RSUs") under the Ready Capital Corporation 2023 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, 2024, June 30, 2024, September 30, 2024 and December 31, 2024. 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.

F2: The reporting person owns the shares of Common Stock of the issuer through the J. Mitchell Reese Jr. Trust, UA 5/5/1999. The reporting person serves as the trustee and sole beneficiary of the trust and has sole voting and investment power with respect to the securities held by the trust.