organization · Reporting owner
WATERFALL ASSET MANAGEMENT, LLC
Disclosed activity across 2 companies
Sign in to followReported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| FlexShopper, Inc.FPAY · Entity 76225 | 10% owner | May 23, 2018 | May 24, 2018 |
| Ready Capital CorpRC · Entity 5999 | 10% owner | November 08, 2021 | November 11, 2021 |
Disclosed balances
About these balances
Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.
FlexShopper, Inc.
Report date May 23, 2018 · Filed May 24, 2018
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | IndirectSee Footnote | 1,629,546 |
Reported balance
After 2018-05-23 transaction · row 1
Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source rowRow 1 · 2018-05-23 · Other · Acquired 175,000 · Balance 1,629,546 F1: All of the shares are owned, and prior to their exercise the warrants were owned, by funds for which the Reporting Person serves as investment manager. Pursuant to the terms of an Investor Rights Agreement with the Issuer, the Reporting Person has the right to nominate one person to the Issuer's board of directors. The Reporting Person disclaims ownership of the securities except to the extent of its pecuniary interest. |
| Warrant to Purchase Common StockSEC Table II · derivative / convertible security · Conversion / exercise price $0.01 · Expires 2023-04-03 | IndirectSee Footnote | 0 |
Reported balance
After 2018-05-23 transaction · row 2
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 2 · 2018-05-23 · Other · Disposed 3 · Balance 0 F1: All of the shares are owned, and prior to their exercise the warrants were owned, by funds for which the Reporting Person serves as investment manager. Pursuant to the terms of an Investor Rights Agreement with the Issuer, the Reporting Person has the right to nominate one person to the Issuer's board of directors. The Reporting Person disclaims ownership of the securities except to the extent of its pecuniary interest. |
Filing footnotes · ownership attribution and instrument terms
F1: All of the shares are owned, and prior to their exercise the warrants were owned, by funds for which the Reporting Person serves as investment manager. Pursuant to the terms of an Investor Rights Agreement with the Issuer, the Reporting Person has the right to nominate one person to the Issuer's board of directors. The Reporting Person disclaims ownership of the securities except to the extent of its pecuniary interest.
Ready Capital Corp
Report date November 08, 2021 · Filed November 11, 2021
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 341,428 |
Reported balance
After 2021-11-08 transaction · row 1
1 source rowRow 1 · 2021-11-08 · Grant · Acquired 84,758 · Balance 341,428 F1: 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. |
Filing footnotes · ownership attribution and instrument terms
F1: 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.
Transaction history
JSON APIPurchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Company | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| November 08, 2021 Filed Nov 11, 2021 02:30 UTC | Ready Capital Corp RC · Entity 5999 | GrantCommon Stock | 84,758 | Not disclosed | Not disclosed |
DisclosureSEC 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. Read SEC document |
| August 06, 2020 Filed Aug 11, 2020 01:21 UTC | Ready Capital Corp RC · Entity 5999 | GrantCommon Stock | 208,690 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001104659-20-092929 · a4.xml · nonDerivative · entry 1 Waterfall Asset Management, LLC · CIK 0001570717 · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 253,623 F1 · price: On August 6, 2020, the board of directors of the Issuer approved the issuance of 208,690 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. F2 · balance_after: On March 11, 2020, the Issuer's Board of Directors declared a quarterly cash dividend of $0.40 per share of common stock. On March 20, 2020, the Issuer announced that the dividend will be paid in a combination of cash and common stock on April 30, 2020 to common stockholders of record as of the close of business of March 31, 2020. As a result, the reporting person received approximately 2,485 shares of the Issuer's common stock. Read SEC document |
| April 09, 2020 Filed Apr 13, 2020 20:30 UTC | Ready Capital Corp RC · Entity 5999 | GrantCommon Stock | 4,154 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001104659-20-045961 · a4.xml · nonDerivative · entry 1 Waterfall Asset Management, LLC · CIK 0001570717 · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 42,448 F1 · price: On April 9, 2020, the board of the directors of the Issuer approved the issuance of 4,154 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 between the Issuer and the Reporting Person. Read SEC document |
| March 13, 2019 Filed Mar 15, 2019 01:14 UTC | Ready Capital Corp RC · Entity 5999 | GrantCommon Stock | 14,939 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001104659-19-014941 · a4.xml · nonDerivative · entry 1 Waterfall Asset Management, LLC · CIK 0001570717 · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 38,294 F1 · price: On March 13, 2019, the board of directors of the Issuer approved the issuance of 14,939 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. Read SEC document |
| March 05, 2019 Filed Mar 8, 2019 00:37 UTC | Ready Capital Corp RC · Entity 5999 | OtherCommon Stock | 27,198 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001104659-19-013449 · a4.xml · nonDerivative · entry 1 Waterfall Asset Management, LLC · CIK 0001570717 · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 23,355 F1 · price: On March 5, 2019, the Reporting Person distributed to its employees the 27,198 shares of the incentive distribution previously issued by the Issuer to the Reporting Person pursuant to the management agreement between the Issuer and the Reporting Person in January 2016. Read SEC document |
| August 10, 2018 Filed Aug 14, 2018 21:01 UTC | Ready Capital Corp SLD · Entity 5999 | GrantCommon Stock | 8,123 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001104659-18-052003 · a4.xml · nonDerivative · entry 1 Waterfall Asset Management, LLC · CIK 0001570717 · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 50,553 F1 · price: On August 10, 2018, the board of the directors of the Issuer approved the issuance of 8,123 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 between the Issuer and the Reporting Person. Read SEC document |
| May 23, 2018 Filed May 24, 2018 16:30 UTC | FlexShopper, Inc. FPAY · Entity 76225 | OtherWarrant to Purchase Common Stock · Derivative | 3 | $0.00 Strike: $0.01 | $0.00 |
DisclosureSEC source: 0000899243-18-013904 · doc4.xml · derivative · entry 2 Waterfall Asset Management, LLC · CIK 0001570717 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 0 Underlying: Common Stock · 175,000 shares Expires 2023-04-03 F1 · ownership.nature: All of the shares are owned, and prior to their exercise the warrants were owned, by funds for which the Reporting Person serves as investment manager. Pursuant to the terms of an Investor Rights Agreement with the Issuer, the Reporting Person has the right to nominate one person to the Issuer's board of directors. The Reporting Person disclaims ownership of the securities except to the extent of its pecuniary interest. Read SEC document |
| May 23, 2018 Filed May 24, 2018 16:30 UTC | FlexShopper, Inc. FPAY · Entity 76225 | OtherCommon Stock | 175,000 | $0.01 | $1,750.00 |
DisclosureSEC source: 0000899243-18-013904 · doc4.xml · nonDerivative · entry 1 Waterfall Asset Management, LLC · CIK 0001570717 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 1,629,546 F1 · ownership.nature: All of the shares are owned, and prior to their exercise the warrants were owned, by funds for which the Reporting Person serves as investment manager. Pursuant to the terms of an Investor Rights Agreement with the Issuer, the Reporting Person has the right to nominate one person to the Issuer's board of directors. The Reporting Person disclaims ownership of the securities except to the extent of its pecuniary interest. Read SEC document |
| May 16, 2018 Filed May 18, 2018 21:46 UTC | Ready Capital Corp SLD · Entity 5999 | GrantCommon Stock | 13,274 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001104659-18-034559 · a4.xml · nonDerivative · entry 1 Waterfall Asset Management, LLC · CIK 0001570717 · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 42,430 F1 · price: On May 16, 2018, the board of the directors of the Issuer approved the issuance of 13,274 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 between the Issuer and the Reporting Person. Read SEC document |
| April 03, 2018 Filed Apr 5, 2018 16:05 UTC | FlexShopper, Inc. FPAY · Entity 76225 | PurchaseWarrant to Purchase Common Stock · Derivative | 3 | Not disclosed Strike: $0.01 | Not disclosed |
DisclosureSEC source: 0000899243-18-009560 · doc4.xml · derivative · entry 2 Waterfall Asset Management, LLC · CIK 0001570717 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 3 Underlying: Common Stock · 175,000 shares Expires 2023-04-03 F2 · kind: The Warrants were issued in connection with an amendment to that certain Credit Agreement, dated as of March 6, 2015, among an affiliate of the Reporting Person, FlexShopper 2, LLC and Wells Fargo Bank, National Association, as paying agent. F2 · price: The Warrants were issued in connection with an amendment to that certain Credit Agreement, dated as of March 6, 2015, among an affiliate of the Reporting Person, FlexShopper 2, LLC and Wells Fargo Bank, National Association, as paying agent. F1 · ownership.nature: All of the shares and warrants are owned by funds for which the Reporting Person serves as investment manager. Pursuant to the terms of an Investor Rights Agreement with the Issuer, the Reporting Person has the right to nominate one person to the Issuer's board of directors. The Reporting Person disclaims ownership of the securities except to the extent of its pecuniary interest. Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.