Ready Capital Corp 8-K, filed Jul 20, 2020
Ready Capital Corp (RC)
About this 8-K
Ready Capital Corp filed this 8-K on July 20, 2020, reporting on events of July 15, 2020.
Items reported
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.07 Submission of Matters to a Vote of Security Holders.
(a) The Annual Meeting of Stockholders (the “Annual Meeting”) of Ready Capital Corporation (the “Company”) was held virtually on July 15, 2020, at which 46,442,036 shares of the Company’s common stock were represented in person or by proxy representing approximately 84.2% of the issued and outstanding shares of the Company’s common stock entitled to vote.
(b) At the Annual Meeting, the Company’s stockholders (i) elected the seven directors below to serve on the Company’s board of directors until the Company’s 2021 annual meeting of stockholders and until their respective successors are duly elected and qualify; (ii) ratified the appointment of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020; and (iii) approved, on an advisory basis, the compensation of the Company's named executive officers. The proposals are described in detail in the Company’s 2020 Proxy Statement. The final results for the votes regarding each proposal are set forth below.
(i) The voting results with respect to the election of each director were as follows:
Name |
| Votes For |
| Votes Withheld |
| Broker Non- Votes |
|
Thomas E. Capasse | | 36,733,025 | | 801,599 | | 8,907,412 | |
Jack J. Ross | | 34,933,283 | | 2,601,341 | | 8,907,412 | |
Frank P. Filipps | | 37,046,168 | | 488,456 | | 8,907,412 | |
Gilbert E. Nathan | | 33,504,249 | | 4,030,375 | | 8,907,412 | |
Andrea Petro | | 32,241,325 | | 5,293,299 | | 8,907,412 | |
J. Mitchell Reese | | 33,528,131 | | 4,006,493 | | 8,907,412 | |
Todd E. Sinai | | 28,981,695 | | 8,552,929 | | 8,907,412 | |
(ii) The voting results with respect to the ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020 were as follows:
Votes For |
| Votes Against |
| Abstain |
| Broker Non-Votes |
|
45,112,203 | | 983,701 | | 346,129 | | 0 | |
(iii) The voting results with respect to the approval, on an advisory basis, of the compensation of the Company’s named executive officers were as follows:
Votes For |
| Votes Against |
| Abstain |
| Broker Non-Votes |
|
32,272,911 | | 4,964,659 | | 297,043 | | 8,907,423 | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Ready Capital Corporation | |
| | |
| | |
| By: | /s/ Andrew Ahlborn |
| Name: | Andrew Ahlborn |
| Title: | Chief Financial Officer |
| | |
Dated: July 20, 2020 | | |