RC

SEC source: 0001104659-23-092702 · tm2323974-1_4seq1.xml · nonDerivative · entry 2

Capasse Thomas E · CIK 0001469065 · Director · CEO and CIO

10b5-1 filing: No plan indicated

Ownership: Indirect · Edward J Capasse Irrevocable Trust

Disclosed balance after: 26,623

F1 · kind: Prior to the death of the Reporting Person's father, these shares were held in a trust for the benefit of the Reporting Person's father, and the Reporting Person's father was trustee of the trust. In connection with the Reporting Person's father's death, the shares were transferred to an irrevocable family trust of which the Reporting Person is trustee and members of the Reporting Person's immediate family are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities except to the extent of any pecuniary interest, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F1 · ownership.nature: Prior to the death of the Reporting Person's father, these shares were held in a trust for the benefit of the Reporting Person's father, and the Reporting Person's father was trustee of the trust. In connection with the Reporting Person's father's death, the shares were transferred to an irrevocable family trust of which the Reporting Person is trustee and members of the Reporting Person's immediate family are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities except to the extent of any pecuniary interest, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

SEC source: 0001104659-23-092702 · tm2323974-1_4seq1.xml · nonDerivative · entry 1

Capasse Thomas E · CIK 0001469065 · Director · CEO and CIO

10b5-1 filing: No plan indicated

Ownership: Indirect · By Edward J. Capasse Revocable Trust

Disclosed balance after: 0

F1 · kind: Prior to the death of the Reporting Person's father, these shares were held in a trust for the benefit of the Reporting Person's father, and the Reporting Person's father was trustee of the trust. In connection with the Reporting Person's father's death, the shares were transferred to an irrevocable family trust of which the Reporting Person is trustee and members of the Reporting Person's immediate family are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities except to the extent of any pecuniary interest, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F1 · ownership.nature: Prior to the death of the Reporting Person's father, these shares were held in a trust for the benefit of the Reporting Person's father, and the Reporting Person's father was trustee of the trust. In connection with the Reporting Person's father's death, the shares were transferred to an irrevocable family trust of which the Reporting Person is trustee and members of the Reporting Person's immediate family are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities except to the extent of any pecuniary interest, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

SEC source: 0001104659-23-068233 · tm2317644-4_4seq1.xml · nonDerivative · entry 1

Mayfield Pinkie Dent · CIK 0001927411 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,709

F1 · shares: On June 1, 2023, the reporting person was awarded 6,545 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. 935 RSUs will vest on June 30, 2023, 2,805 RSUs will vest on September 30, 2023, and the remaining 2,805 RSUs will vest on December 31, 2023.

SEC source: 0001104659-23-068241 · tm2317644-6_4seq1.xml · nonDerivative · entry 1

Hirsch Daniel J. · CIK 0001453077 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 104,095

F1 · shares: On June 1, 2023, the reporting person was awarded 6,545 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. 935 RSUs will vest on June 30, 2023, 2,805 RSUs will vest on September 30, 2023, and the remaining 2,805 RSUs will vest on December 31, 2023.

SEC source: 0001104659-23-068239 · tm2317644-5_4seq1.xml · nonDerivative · entry 1

LUEBBERS KEVIN M · CIK 0001191838 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 102,232

F1 · shares: On June 1, 2023, the reporting person was awarded 6,545 shares of restricted Common Stock under the 2013 Ready Capital Corporation Equity Incentive Plan. 935 shares will vest on June 30, 2023, 2,805 shares will vest on September 30, 2023, and the remaining 2,805 shares will vest on December 31, 2023.

SEC source: 0001104659-23-030574 · tm238773-2_4seq1.xml · nonDerivative · entry 2

NATHAN GILBERT E · CIK 0001657622 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 60,406

SEC source: 0001104659-23-030574 · tm238773-2_4seq1.xml · nonDerivative · entry 1

NATHAN GILBERT E · CIK 0001657622 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 56,565

F1 · price: The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $10.94 to $10.9691, inclusive on March 7, 2023. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

SEC source: 0001104659-23-029546 · tm238773-1_4seq1.xml · nonDerivative · entry 2

Mielle Dominique · CIK 0001759191 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,500

SEC source: 0001104659-23-029546 · tm238773-1_4seq1.xml · nonDerivative · entry 1

Mielle Dominique · CIK 0001759191 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,988

SEC source: 0001104659-23-022109 · tm236100-11_4seq1.xml · nonDerivative · entry 3

Ahlborn Andrew · CIK 0001778219 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 75,967

F2 · shares: Consists of shares of Common Stock withheld 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 the vesting of shares of Common Stock.

F4 · price: Represents the closing price of the Common Stock on February 13, 2023.

SEC source: 0001104659-23-022105 · tm236100-7_4seq1.xml · nonDerivative · entry 3

Taylor Gary · CIK 0001773584 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 81,239

F2 · shares: Consists of shares of Common Stock withheld 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 the vesting of shares of Common Stock.

F4 · price: Represents the closing price of the Common Stock on February 13, 2023.

SEC source: 0001104659-23-022104 · tm236100-6_4seq1.xml · nonDerivative · entry 3

Zausmer Adam · CIK 0001874130 · Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 64,927

F2 · shares: Consists of shares of Common Stock withheld 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 the vesting of shares of Common Stock.

F4 · price: Represents the closing price of the Common Stock on February 13, 2023.

SEC source: 0001104659-23-022109 · tm236100-11_4seq1.xml · nonDerivative · entry 2

Ahlborn Andrew · CIK 0001778219 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 77,167

F2 · shares: Consists of shares of Common Stock withheld 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 the vesting of shares of Common Stock.

F3 · price: Represents the closing price of the Common Stock on February 10, 2023.

SEC source: 0001104659-23-022109 · tm236100-11_4seq1.xml · nonDerivative · entry 1

Ahlborn Andrew · CIK 0001778219 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 82,247

F1 · price: On February 12, 2023, the reporting person was awarded 30,817 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. Pursuant to the terms of the award agreement, the RSUs will vest in equal installments of one-third on February 12, 2024, February 12, 2025 and February 12, 2026. 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.

SEC source: 0001104659-23-022098 · tm236100-2_4seq1.xml · nonDerivative · entry 1

FILIPPS FRANK P · CIK 0001188562 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,332

F1 · price: 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.

SEC source: 0001104659-23-022107 · tm236100-9_4seq1.xml · nonDerivative · entry 1

REESE J MITCHELL · CIK 0001212662 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · J. Mitchell Reese Jr. Trust, UA 5/5/1999

Disclosed balance after: 88,366

F1 · price: 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.

F2 · balance_after: 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.

SEC source: 0001104659-23-022106 · tm236100-8_4seq1.xml · nonDerivative · entry 1

Marshall Meredith · CIK 0001956757 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,544

F1 · price: On February 12, 2023, the reporting person was awarded 8,860 shares of restricted Common Stock under the 2013 Ready Capital Corporation Equity Incentive Plan. The shares will vest in equal installments of one-quarter on March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023.

SEC source: 0001104659-23-022105 · tm236100-7_4seq1.xml · nonDerivative · entry 2

Taylor Gary · CIK 0001773584 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 82,694

F2 · shares: Consists of shares of Common Stock withheld 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 the vesting of shares of Common Stock.

F3 · price: Represents the closing price of the Common Stock on February 10, 2023.

SEC source: 0001104659-23-022105 · tm236100-7_4seq1.xml · nonDerivative · entry 1

Taylor Gary · CIK 0001773584 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 88,112

F1 · price: On February 12, 2023, the reporting person was awarded 30,817 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. Pursuant to the terms of the award agreement, the RSUs will vest in equal installments of one-third on February 12, 2024, February 12, 2025 and February 12, 2026. 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.

SEC source: 0001104659-23-022104 · tm236100-6_4seq1.xml · nonDerivative · entry 2

Zausmer Adam · CIK 0001874130 · Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 66,179

F2 · shares: Consists of shares of Common Stock withheld 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 the vesting of shares of Common Stock.

F3 · price: Represents the closing price of the Common Stock on February 10, 2023.

SEC source: 0001104659-23-022104 · tm236100-6_4seq1.xml · nonDerivative · entry 1

Zausmer Adam · CIK 0001874130 · Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,451

F1 · price: On February 12, 2023, the reporting person was awarded 30,817 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. Pursuant to the terms of the award agreement, the RSUs will vest in equal installments of one-third on February 12, 2024, February 12, 2025 and February 12, 2026. 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.

SEC source: 0001104659-23-022103 · tm236100-5_4seq1.xml · nonDerivative · entry 1

Sinai Todd M. · CIK 0001630507 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,718

F1 · price: 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.

SEC source: 0001104659-23-022101 · tm236100-4_4seq1.xml · nonDerivative · entry 1

Mielle Dominique · CIK 0001759191 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,988

F1 · price: 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.

SEC source: 0001104659-23-022099 · tm236100-3_4seq1.xml · nonDerivative · entry 1

NATHAN GILBERT E · CIK 0001657622 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,565

F1 · price: On February 12, 2023, the reporting person was awarded 8,860 shares of restricted Common Stock under the 2013 Ready Capital Corporation Equity Incentive Plan. The shares will vest in equal installments of one-quarter on March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023.

SEC source: 0001104659-22-124478 · tm2231887-2_4seq1.xml · nonDerivative · entry 1

Marshall Meredith · CIK 0001956757 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 684

F1 · shares: On December 1, 2022, the reporting person was awarded 684 shares of restricted Common Stock under Ready Capital Corporation's equity incentive plan. The shares will vest on December 31, 2022.

SEC source: 0001104659-22-096022 · tm2224794-1_4seq1.xml · nonDerivative · entry 2

Ahlborn Andrew · CIK 0001778219 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,430

F1 · price: This transaction was executed in multiple trades at prices ranging from $13.74 to $13.84. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

SEC source: 0001104659-22-096022 · tm2224794-1_4seq1.xml · nonDerivative · entry 1

Ahlborn Andrew · CIK 0001778219 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,465

SEC source: 0001104659-23-020697 · tm236100-1_5seq1.xml · nonDerivative · entry 1

Sutherland REIT Holdings, LP · CIK 0001611235 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,431,049

F1 · price: The Reporting Person received a redemption request (the "SRH Redemption Request") from a certain limited partner in respect of certain of its limited partnership interests in the Reporting Person ("SRH Units"). On the date noted in Table I above, the Reporting Person satisfied the SRH Redemption Request by exchanging the SRH Units for an equal number of shares of Common Stock.

F2 · balance_after: Waterfall Management, LLC, an affiliate of the Issuer's external manager, serves as the general partner of the Reporting Person and may be deemed to be the beneficial owner of the shares of Common Stock of the Issuer that are held by the Reporting Person. However, Waterfall Management, LLC does not have an economic interest in certain of these shares and expects to distribute such shares to the beneficial owners of the Reporting Person upon their request in accordance with the Reporting Person's partnership agreement. Accordingly, Waterfall Management, LLC disclaims beneficial ownership of the shares of common stock held by the Reporting Person except to the extent of its economic interest.

F3 · balance_after: In addition, each of Thomas Capasse and Jack Ross is a principal or managing director of Waterfall Asset Management, LLC, the Issuer's external manager, and may be deemed to share voting and investment power over the shares of Common Stock of the Issuer held by the Reporting Person.

F4 · balance_after: Each of such individuals disclaims beneficial ownership of such shares of common stock, except to the extent of his economic interest therein. The inclusion of these shares of Common Stock of the Issuer in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

SEC source: 0001104659-22-051040 · tm2213786-1_4seq1.xml · nonDerivative · entry 1

ERVING JULIUS W II · CIK 0001075708 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,718

F1 · shares: On April 4, 2022, the reporting person was awarded 5,718 shares of restricted Common Stock under the 2012 Ready Capital Corporation Equity Incentive Plan. The shares will vest in equal installments of one-third on June 30, 2022, September 30, 2022 and December 31, 2022.

SEC source: 0001104659-22-031573 · tm228681-1_4seq1.xml · nonDerivative · entry 1

Ahlborn Andrew · CIK 0001778219 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,930

F1 · shares: Consists of shares of Common Stock withheld 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 the vesting of 1,557 shares of Common Stock.

F2 · price: Represents the closing price of the Common Stock on March 4, 2022.

SEC source: 0001104659-22-023888 · tm226526-10_4seq1.xml · nonDerivative · entry 2

Ahlborn Andrew · CIK 0001778219 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 56,574

F2 · shares: Consists of shares of Common Stock withheld 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 the vesting of 7,693 shares of Common Stock.

F3 · price: Represents the closing price of the Common Stock on February 11, 2022.

SEC source: 0001104659-22-023888 · tm226526-10_4seq1.xml · nonDerivative · entry 1

Ahlborn Andrew · CIK 0001778219 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,755

F1 · price: On February 12, 2022, the reporting person was awarded 26,427 Restricted Stock Units ("RSUs") under the 2012 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. Pursuant to the terms of the award agreement, the RSUs will vest in equal installments of one-third on February 12, 2023, February 12, 2024 and February 12, 2025. 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.

SEC source: 0001104659-22-023883 · tm226526-6_4seq1.xml · nonDerivative · entry 1

FILIPPS FRANK P · CIK 0001188562 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,472

F1 · price: On February 12, 2022, the reporting person was awarded 7,752 Restricted Stock Units ("RSUs") under the 2012 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, 2022, June 30, 2022, September 30, 2022 and December 31, 2022. 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.

SEC source: 0001104659-22-023886 · tm226526-8_4seq1.xml · nonDerivative · entry 1

REESE J MITCHELL · CIK 0001212662 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · J. Mitchell Reese Jr. Trust, UA 5/5/1999

Disclosed balance after: 79,506

F1 · price: On February 12, 2022, the reporting person was awarded 7,752 Restricted Stock Units ("RSUs") under the 2012 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, 2022, June 30, 2022, September 30, 2022 and December 31, 2022. 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 · balance_after: 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.

SEC source: 0001104659-22-023887 · tm226526-9_4seq1.xml · nonDerivative · entry 2

Taylor Gary · CIK 0001773584 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,295

F2 · shares: Consists of shares of Common Stock withheld 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 the vesting of 10,596 shares of Common Stock.

F3 · price: Represents the closing price of the Common Stock on February 11, 2022.

SEC source: 0001104659-22-023887 · tm226526-9_4seq1.xml · nonDerivative · entry 1

Taylor Gary · CIK 0001773584 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,662

F1 · price: On February 12, 2022, the reporting person was awarded 22,903 Restricted Stock Units ("RSUs") under the 2012 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. Pursuant to the terms of the award agreement, the RSUs will vest in equal installments of one-third on February 12, 2023, February 12, 2024 and February 12, 2025. 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.

SEC source: 0001104659-22-023884 · tm226526-7_4seq1.xml · nonDerivative · entry 2

Zausmer Adam · CIK 0001874130 · Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,634

F2 · shares: Consists of shares of Common Stock withheld 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 the vesting of 5,808 shares of Common Stock.

F3 · price: Represents the closing price of the Common Stock on February 11, 2022.

SEC source: 0001104659-22-023884 · tm226526-7_4seq1.xml · nonDerivative · entry 1

Zausmer Adam · CIK 0001874130 · Chief Credit Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,283

F1 · price: On February 12, 2022, the reporting person was awarded 26,427 Restricted Stock Units ("RSUs") under the 2012 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. Pursuant to the terms of the award agreement, the RSUs will vest in equal installments of one-third on February 12, 2023, February 12, 2024 and February 12, 2025. 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.

SEC source: 0001104659-22-023882 · tm226526-5_4seq1.xml · nonDerivative · entry 1

Mielle Dominique · CIK 0001759191 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,128

F1 · price: On February 12, 2022, the reporting person was awarded 7,752 Restricted Stock Units ("RSUs") under the 2012 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, 2022, June 30, 2022, September 30, 2022 and December 31, 2022. 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.

SEC source: 0001104659-22-023881 · tm226526-4_4seq1.xml · nonDerivative · entry 1

Sinai Todd M. · CIK 0001630507 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,858

F1 · price: On February 12, 2022, the reporting person was awarded 7,752 Restricted Stock Units ("RSUs") under the 2012 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, 2022, June 30, 2022, September 30, 2022 and December 31, 2022. 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.

SEC source: 0001104659-22-023880 · tm226526-3_4seq1.xml · nonDerivative · entry 1

NATHAN GILBERT E · CIK 0001657622 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,705

F1 · price: On February 12, 2022, the reporting person was awarded 7,752 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, 2022, June 30, 2022, September 30, 2022 and December 31, 2022.

SEC source: 0001104659-21-145453 · tm2134345-1_4seq1.xml · nonDerivative · entry 2

NATHAN GILBERT E · CIK 0001657622 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,953

F1 · balance_after: The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $15.275 to $15.30, inclusive on November 30, 2021. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

SEC source: 0001104659-21-145934 · tm2134345-2_4seq1.xml · nonDerivative · entry 1

Capasse Thomas E · CIK 0001469065 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,000

F1 · price: The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $24.55 to $24.71, inclusive on November 30, 2021. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

F2 · balance_after: Upon the occurrence of a Change of Control (as defined in the Articles Supplementary relating to the Series E Preferred Stock) of the Issuer, the Reporting Person will have the right to convert the shares of Series E Preferred Stock into a number of shares of common stock of the Issuer per share of Series E Preferred Stock equal to the lesser of (A) the quotient obtained by dividing (i) the sum of (x) the $25.00 liquidation preference plus (y) the amount of any accrued and unpaid dividends by (ii) the Common Stock Price (as defined in the Articles Supplementary relating to the Series E Preferred Stock) and (B) 3.2916, subject to certain adjustments indicated in the Articles Supplementary relating to the Series E Preferred Stock.

SEC source: 0001104659-21-145453 · tm2134345-1_4seq1.xml · nonDerivative · entry 1

NATHAN GILBERT E · CIK 0001657622 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,953

SEC source: 0001104659-21-140578 · tm2132621d6_4seq1.xml · nonDerivative · entry 1

NATHAN GILBERT E · CIK 0001657622 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,953

SEC source: 0001104659-21-139223 · tm2132621-5_4seq1.xml · nonDerivative · entry 1

Petro Andrea · CIK 0001818600 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,050

SEC source: 0001104659-21-137200 · tm2132621-2_4seq1.xml · nonDerivative · entry 1

Buttacavoli Thomas · CIK 0001689600 · Chief Investment Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By Waterfall

Disclosed balance after: 30,771

F1 · price: On November 8, 2021, the board of the directors of the Issuer approved the issuance of 84,758 shares of Common Stock to Waterfall Asset Management, LLC, its external manager (the "Manager"), as payment of 50% of the incentive distribution payable to the Manager pursuant to the management agreement between the Issuer and the Manager. The 7,302 shares of Common Stock reported on this Form 4 represent the Reporting Person's pro rata ownership of the 84,758 shares based on the Reporting Person's percentage ownership in the Manager.

F2 · balance_after: These shares represent the 30,771 shares of Common Stock of the Issuer out of the 341,428 and 8,869 total shares of Common Stock held by the Manager and Waterfall Management, LLC ("WM" and together with the Manager, "Waterfall"), respectively, based on the Reporting Person's percentage ownership in Waterfall. The Reporting Person disclaims beneficial ownership of the shares held by Waterfall, except to the extent of his economic interest therein.

SEC source: 0001104659-21-137202 · tm2132621-3_4seq1.xml · nonDerivative · entry 1

Capasse Thomas E · CIK 0001469065 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By Waterfall

Disclosed balance after: 102,630

F1 · price: On November 8, 2021, the board of the directors of the Issuer approved the issuance of 84,758 shares of Common Stock to Waterfall Asset Management, LLC, its external manager (the "Manager"), as payment of 50% of the incentive distribution payable to the Manager pursuant to the management agreement between the Issuer and the Manager. The 24,345 shares of Common Stock reported on this Form 4 represent the Reporting Person's pro rata ownership of the 84,758 shares based on the Reporting Person's percentage ownership in the Manager.

F2 · balance_after: These shares represent the 102,630 shares of Common Stock of the Issuer out of the 341,428 and 8,869 total shares of Common Stock owned by the Manager and its affiliate, Waterfall Management, LLC ("WM" and together with the Manager, "Waterfall"), respectively, based on the Reporting Person's percentage of direct ownership interests in Waterfall.

F3 · balance_after: WM serves as the general partner of Sutherland REIT Holdings, LP (the "Partnership") and may be deemed to be the beneficial owner of the shares of Common Stock that are held by the Partnership. In addition, the Reporting Person is a principal of the Manager and may be deemed to share voting and investment power over the 13,195,300 shares of Common Stock held by the Partnership.

SEC source: 0001104659-21-137199 · tm2132621-1_4seq1.xml · nonDerivative · entry 1

Ross Jack J. · CIK 0001469109 · Director · President

10b5-1 filing: Not disclosed

Ownership: Indirect · By Waterfall

Disclosed balance after: 102,630

F1 · price: On November 8, 2021, the board of the directors of the Issuer approved the issuance of 84,758 shares of Common Stock to Waterfall Asset Management, LLC, its external manager (the "Manager"), as payment of 50% of the incentive distribution payable to the Manager pursuant to the management agreement between the Issuer and the Manager. The 24,345 shares of Common Stock reported on this Form 4 represent the Reporting Person's pro rata ownership of the 84,758 shares based on the Reporting Person's percentage ownership in the Manager.

F2 · balance_after: These shares represent the 102,630 shares of Common Stock of the Issuer out of the 341,428 and 8,869 total shares of Common Stock owned by the Manager and its affiliate, Waterfall Management, LLC ("WM" and together with the Manager, "Waterfall"), respectively, based on the Reporting Person's percentage of direct ownership interests in Waterfall.

F3 · balance_after: WM serves as the general partner of Sutherland REIT Holdings, LP (the "Partnership") and may be deemed to be the beneficial owner of the shares of Common Stock that are held by the Partnership. In addition, the Reporting Person is a principal of the Manager and may be deemed to share voting and investment power over the 13,195,300 shares of Common Stock held by the Partnership.

SEC source: 0001104659-21-137203 · tm2132621-4_4seq1.xml · nonDerivative · entry 1

Waterfall Asset Management, LLC · CIK 0001570717 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 341,428

F1 · price: On November 8, 2021, the board of directors of the Issuer approved the issuance of 84,758 shares of Common Stock to the Reporting Person, the Issuer's external manager, as payment of 50% of the incentive distribution payable to the Reporting Person pursuant to the management agreement.