SEC Form 4 · accession 0001104659-19-013452
Ready Capital Corp · RC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Mitchell Reese
Director
Period of report
Mar 5, 2019
Accepted (ET)
Mar 7, 2019 · 7:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001527590
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 5, 2019 | A | 4,984 | $0.00 | A | 35,760 | I | J.Mitchell Reese Jr. Trust, UA 5/5/1999 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 5, 2019, the reporting person was awarded 4,984 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, 2019, June 30, 2019, September 30, 2019 and December 31, 2019.
- F2The 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.