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Rithm Capital Corp. — Director's Dealing 2024
Mar 19, 2024
30904_dirs_2024-03-19_44a833c0-7574-4cbf-ad5c-4ed5b1b72d20.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Rithm Capital Corp. (RITM)
CIK: 0001556593
Period of Report: 2024-03-15
Reporting Person: Nierenberg Michael (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-15 | Class B Profits Units of Rithm Capital Management LLC | $ | A | 276243 | Acquired | Common Stock (276243) | Direct |
Footnotes
F1: Class B Profits Units of Rithm Capital Management LLC ("RCM") will be exchangeable into shares of Common Stock of the Issuer on a one-for-one basis pursuant to the terms and conditions set forth in the Rithm Capital Management LLC Long Term Incentive Plan and the individual award agreement.
F2: Reflects a profits interest award in the form of Class B Profits Units in RCM granted to the Reporting Person on March 15, 2024, which will vest in three equal annual installments on March 15 of each of 2025, 2026 and 2027, so long as the Reporting Person remains in continued employment with the Issuer. These Class B Profits Units will be exchangeable into shares of Common Stock of the Issuer on a one-for-one basis after they have become vested and a sufficient amount of profits have been allocated to the holder of the Class B Profits Units.