Home/Filings/4/0001628280-20-003470
4//SEC Filing

MENDELSOHN LAWRENCE 4

Accession 0001628280-20-003470

CIK 0001614806other

Filed

Mar 11, 8:00 PM ET

Accepted

Mar 12, 4:23 PM ET

Size

17.8 KB

Accession

0001628280-20-003470

Insider Transaction Report

Form 4
Period: 2020-03-11
MENDELSOHN LAWRENCE
DirectorChief Executive Officer
Transactions
  • Award

    Common Stock, par value $0.01 per share

    2020-03-11$12.64/sh+3,000$37,92011,518 total(indirect: By Flanders Street Credit Partners I., L.P.)
  • Award

    Common Stock, par value $0.01 per share

    2020-03-11$12.63/sh+2,000$25,25061,877 total(indirect: By LLC)
Holdings
  • Common Stock, par value $0.01 per share

    96,070
  • Common Stock, par value $0.01 per share

    (indirect: By son)
    70
  • Common Stock, par value $0.01 per share

    (indirect: By LLC)
    274,667
  • Common Stock, par value $0.01 per share

    (indirect: By AIM Capital)
    251
  • Common Stock, par value $0.01 per share

    (indirect: By Trust)
    125
  • Common Stock, par value $0.01 per share

    (indirect: By Partnership)
    7,952
  • Common Stock, par value $0.01 per share

    (indirect: By LLC)
    622,756
  • Common Stock, par value $0.01 per share

    (indirect: By Spouse)
    70
  • Common Stock, par value $0.01 per share

    (indirect: By LLC)
    1,092
  • Common Stock, par value $0.01 per share

    (indirect: By LLC)
    972,524
  • Common Stock, par value $0.01 per share

    (indirect: By LLC)
    75,001
  • 7.25% Convertible Notes due 2024

    (indirect: By LLC)
    Exercise: $14.98From: 2023-04-30Exp: 2024-04-30Common Stock, par value $0.01 per share (13,355.2 underlying)
    8,000
Footnotes (7)
  • [F1]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that the reporting person is the beneficial owner of all of the reported shares for purposes of Section 16 or for any other purpose.
  • [F2]Includes a net distribution of 20,005 shares previously held by Thetis Asset Management, LLC.
  • [F3]Includes 77 shares distributed to Aspen Uranus LLC, 30 shares distributed to AIM Capital, 130 shares distributed to RPM Capital LLC, 15 shares distributed to wife through RAD Children's Trust and 242 shares distributed to Mendelsohn Family Limited Partnership by Thetis Asset Management LLC on November 11, 2019.
  • [F4]Includes 274,667 shares held by Gregory Funding LLC, 622,756 shares held by Thetis Asset Management LLC, 100 shares held by Aspen Yo LLC and 75,001 shares held by Great Ajax FS LLC reported herein.
  • [F5]Mr. Mendelsohn and certain members of his family are partners of Mendelsohn Family Limited Partnership.
  • [F6]The conversion rate of the 7.25% convertible notes due 2024 (the "Notes") equals 1.6694 shares of the Issuer's common stock per $25.00 principal amount of notes (equivalent to a conversion price of approximately $14.98 per share of the Issuer's common stock). The conversion rate, and thus the conversion price, will be subject to adjustment in accordance with the terms of the Notes.
  • [F7]Calculated based on the conversion rate of 1.6694 shares of the Issuer's common stock per $25.00 principal amount of Notes.

Issuer

Great Ajax Corp.

CIK 0001614806

Entity typeother

Related Parties

1
  • filerCIK 0001033026

Filing Metadata

Form type
4
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 4:23 PM ET
Size
17.8 KB