Home/Filings/4/0001140361-22-032215
4//SEC Filing

Magnetar Financial LLC 4

Accession 0001140361-22-032215

CIK 0001614806other

Filed

Sep 1, 8:00 PM ET

Accepted

Sep 2, 4:15 PM ET

Size

52.5 KB

Accession

0001140361-22-032215

Insider Transaction Report

Form 4
Period: 2022-08-31
Transactions
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh139,040$971,8900 total(indirect: Magnetar Structured Credit Fund, LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (139,040 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh58,194$491,739116,806 total(indirect: Magnetar Constellation Fund V Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (58,194 underlying)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh1,040,000$25,074,4000 total(indirect: Magnetar SC Fund Ltd)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh64,892$453,5950 total(indirect: Magnetar Longhorn Fund LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (64,892 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh184,029$1,555,0450 total(indirect: Magnetar Constellation Master Fund, Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (184,029 underlying)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh113,483$2,788,2770 total(indirect: Magnetar Longhorn Fund LP)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh31,990$785,994124,410 total(indirect: By LLC)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh46,555$1,122,441181,045 total(indirect: Magnetar Constellation Fund V Ltd)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh76,961$537,9570 total(indirect: Magnetar Longhorn Fund LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (76,961 underlying)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh245,393$6,029,3060 total(indirect: Magnetar Structured Credit Fund, LP)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh86,601$2,127,7870 total(indirect: By LLC)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh245,455$5,917,920954,545 total(indirect: Magnetar Xing He Master Fund Ltd)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh43,300$1,063,8810 total(indirect: By LLC)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh108,252$756,6810 total(indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (108,252 underlying)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh147,223$3,549,5470 total(indirect: Magnetar Constellation Master Fund, Ltd)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh167,701$1,172,2300 total(indirect: Magnetar Structured Credit Fund, LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (167,701 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh39,988$279,51635,012 total(indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (39,988 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh54,125$378,3340 total(indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (54,125 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh1,300,000$10,985,0000 total(indirect: Magnetar SC Fund Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (1,300,000 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh306,819$2,592,6211,193,181 total(indirect: Magnetar Xing He Master Fund Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (306,819 underlying)
Holdings
  • Series B Warrants (right to buy)

    (indirect: Magnetar Constellation Fund V Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (109,500 underlying)
    109,500
  • Series A Warrants (right to buy)

    (indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (120,500 underlying)
    120,500
Transactions
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh86,601$2,127,7870 total(indirect: By LLC)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh245,455$5,917,920954,545 total(indirect: Magnetar Xing He Master Fund Ltd)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh39,988$279,51635,012 total(indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (39,988 underlying)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh113,483$2,788,2770 total(indirect: Magnetar Longhorn Fund LP)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh43,300$1,063,8810 total(indirect: By LLC)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh147,223$3,549,5470 total(indirect: Magnetar Constellation Master Fund, Ltd)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh245,393$6,029,3060 total(indirect: Magnetar Structured Credit Fund, LP)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh31,990$785,994124,410 total(indirect: By LLC)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh1,040,000$25,074,4000 total(indirect: Magnetar SC Fund Ltd)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh76,961$537,9570 total(indirect: Magnetar Longhorn Fund LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (76,961 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh167,701$1,172,2300 total(indirect: Magnetar Structured Credit Fund, LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (167,701 underlying)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh46,555$1,122,441181,045 total(indirect: Magnetar Constellation Fund V Ltd)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh108,252$756,6810 total(indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (108,252 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh184,029$1,555,0450 total(indirect: Magnetar Constellation Master Fund, Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (184,029 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh306,819$2,592,6211,193,181 total(indirect: Magnetar Xing He Master Fund Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (306,819 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh54,125$378,3340 total(indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (54,125 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh64,892$453,5950 total(indirect: Magnetar Longhorn Fund LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (64,892 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh139,040$971,8900 total(indirect: Magnetar Structured Credit Fund, LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (139,040 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh58,194$491,739116,806 total(indirect: Magnetar Constellation Fund V Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (58,194 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh1,300,000$10,985,0000 total(indirect: Magnetar SC Fund Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (1,300,000 underlying)
Holdings
  • Series A Warrants (right to buy)

    (indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (120,500 underlying)
    120,500
  • Series B Warrants (right to buy)

    (indirect: Magnetar Constellation Fund V Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (109,500 underlying)
    109,500
Transactions
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh113,483$2,788,2770 total(indirect: Magnetar Longhorn Fund LP)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh86,601$2,127,7870 total(indirect: By LLC)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh147,223$3,549,5470 total(indirect: Magnetar Constellation Master Fund, Ltd)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh167,701$1,172,2300 total(indirect: Magnetar Structured Credit Fund, LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (167,701 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh108,252$756,6810 total(indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (108,252 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh64,892$453,5950 total(indirect: Magnetar Longhorn Fund LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (64,892 underlying)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh31,990$785,994124,410 total(indirect: By LLC)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh1,040,000$25,074,4000 total(indirect: Magnetar SC Fund Ltd)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh54,125$378,3340 total(indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (54,125 underlying)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh245,393$6,029,3060 total(indirect: Magnetar Structured Credit Fund, LP)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh46,555$1,122,441181,045 total(indirect: Magnetar Constellation Fund V Ltd)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh43,300$1,063,8810 total(indirect: By LLC)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh245,455$5,917,920954,545 total(indirect: Magnetar Xing He Master Fund Ltd)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh139,040$971,8900 total(indirect: Magnetar Structured Credit Fund, LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (139,040 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh76,961$537,9570 total(indirect: Magnetar Longhorn Fund LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (76,961 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh39,988$279,51635,012 total(indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (39,988 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh184,029$1,555,0450 total(indirect: Magnetar Constellation Master Fund, Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (184,029 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh58,194$491,739116,806 total(indirect: Magnetar Constellation Fund V Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (58,194 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh1,300,000$10,985,0000 total(indirect: Magnetar SC Fund Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (1,300,000 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh306,819$2,592,6211,193,181 total(indirect: Magnetar Xing He Master Fund Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (306,819 underlying)
Holdings
  • Series A Warrants (right to buy)

    (indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (120,500 underlying)
    120,500
  • Series B Warrants (right to buy)

    (indirect: Magnetar Constellation Fund V Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (109,500 underlying)
    109,500
Transactions
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh43,300$1,063,8810 total(indirect: By LLC)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh46,555$1,122,441181,045 total(indirect: Magnetar Constellation Fund V Ltd)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh1,040,000$25,074,4000 total(indirect: Magnetar SC Fund Ltd)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh76,961$537,9570 total(indirect: Magnetar Longhorn Fund LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (76,961 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh1,300,000$10,985,0000 total(indirect: Magnetar SC Fund Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (1,300,000 underlying)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh113,483$2,788,2770 total(indirect: Magnetar Longhorn Fund LP)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh31,990$785,994124,410 total(indirect: By LLC)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh147,223$3,549,5470 total(indirect: Magnetar Constellation Master Fund, Ltd)
  • Sale

    5.00% Series B Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.11/sh245,455$5,917,920954,545 total(indirect: Magnetar Xing He Master Fund Ltd)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh108,252$756,6810 total(indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (108,252 underlying)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh245,393$6,029,3060 total(indirect: Magnetar Structured Credit Fund, LP)
  • Sale

    7.25% Series A Fixed-to-Floating Rate Preferred Stock

    2022-08-31$24.57/sh86,601$2,127,7870 total(indirect: By LLC)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh54,125$378,3340 total(indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (54,125 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh64,892$453,5950 total(indirect: Magnetar Longhorn Fund LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (64,892 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh306,819$2,592,6211,193,181 total(indirect: Magnetar Xing He Master Fund Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (306,819 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh167,701$1,172,2300 total(indirect: Magnetar Structured Credit Fund, LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (167,701 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh39,988$279,51635,012 total(indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (39,988 underlying)
  • Sale

    Series A Warrants (right to buy)

    2022-08-31$6.99/sh139,040$971,8900 total(indirect: Magnetar Structured Credit Fund, LP)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (139,040 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh184,029$1,555,0450 total(indirect: Magnetar Constellation Master Fund, Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (184,029 underlying)
  • Sale

    Series B Warrants (right to buy)

    2022-08-31$8.45/sh58,194$491,739116,806 total(indirect: Magnetar Constellation Fund V Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-04-06Common stock, par value $0.01 per share (58,194 underlying)
Holdings
  • Series B Warrants (right to buy)

    (indirect: Magnetar Constellation Fund V Ltd)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (109,500 underlying)
    109,500
  • Series A Warrants (right to buy)

    (indirect: By LLC)
    Exercise: $10.00From: 2020-08-05Exp: 2025-05-07Common stock, par value $0.01 per share (120,500 underlying)
    120,500
Footnotes (3)
  • [F1]Magnetar Financial LLC ("MFL") serves as investment manager of each of Magnetar Constellation Fund V Ltd, Magnetar Constellation Master Fund, Ltd, Magnetar SC Fund Ltd and Magnetar Xing He Master Fund Ltd, which are Cayman Islands exempted companies, and Magnetar Longhorn Fund LP and Magnetar Structured Credit Fund, LP, which are Delaware limited partnerships. MFL is the manager of each of Magnetar Constellation Fund V LLC, Purpose Alternative Credit Fund - F LLC and Purpose Alternative Credit Fund - T LLC, which are Delaware limited liability companies (collectively, the "Magnetar Funds").
  • [F2]Magnetar Capital Partners LP ("MCP"), a Delaware limited partnership, is the sole member and parent holding company of MFL. Supernova Management LLC ("Supernova"), a Delaware limited liability company, is the general partner of MCP. The manager of Supernova is Alec N. Litowitz, a citizen of the United States of America.
  • [F3]Each of the Magnetar Funds, MFL, MCP, Supernova and Alec N. Litowitz disclaims beneficial ownership of the securities identified herein except to the extent of their pecuniary interest in the preferred stock, warrants and shares of common stock issuable upon exercise of such warrants.

Issuer

Great Ajax Corp.

CIK 0001614806

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001352851

Filing Metadata

Form type
4
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 4:15 PM ET
Size
52.5 KB