4//SEC Filing
MENDELSOHN LAWRENCE 4
Accession 0001104659-20-096957
CIK 0001614806other
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 5:23 PM ET
Size
17.8 KB
Accession
0001104659-20-096957
Insider Transaction Report
Form 4
MENDELSOHN LAWRENCE
DirectorChief Executive Officer
Transactions
- Award
Common Stock, par value $0.01 per share
2020-08-13$9.55/sh+4,000$38,200→ 103,435 total
Holdings
- 564,960(indirect: By LLC)
Common Stock, par value $0.01 per share
- 64,123(indirect: By LLC)
Common Stock, par value $0.01 per share
- 284,285(indirect: By LLC)
Common Stock, par value $0.01 per share
- 1,131(indirect: By LLC)
Common Stock, par value $0.01 per share
- 130(indirect: By Trust)
Common Stock, par value $0.01 per share
- 1,016,800(indirect: By LLC)
Common Stock, par value $0.01 per share
- 8,160(indirect: By Partnership)
Common Stock, par value $0.01 per share
- 8,000(indirect: By LLC)
7.25% Convertible Notes due 2024
Exercise: $14.47From: 2023-04-30Exp: 2024-04-30→ Common Stock, par value $0.01 per share (13,823.2 underlying) - 16,062(indirect: By Flanders Street Credit Partners I., L.P.)
Common Stock, par value $0.01 per share
- 73(indirect: By Spouse)
Common Stock, par value $0.01 per share
- 73(indirect: By son)
Common Stock, par value $0.01 per share
- 260(indirect: By AIM Capital)
Common Stock, par value $0.01 per share
- 77,627(indirect: By LLC)
Common Stock, par value $0.01 per share
Footnotes (7)
- [F1]Granted pursuant to the shareholder approved 2016 Equity Incentive Plan, which will vest in three equal installments annually, starting August 13, 2021.
- [F2]Includes shares from a stock dividend paid on March 27, 2020; 3,365 shares paid to Mr. Mendelsohn's direct holdings, 21,091 shares paid to Thetis Asset Management LLC, 544 shares paid to Flanders Street Credit Partners I., L.P., 2,246 shares paid to Aspen Uranus LLC, 3 shares paid to Mr. Mendelsohn's wife, 3 shares paid to Mr. Mendelsohn's son, 9,618 shares paid to Gregory Funding LLC, 9 shares paid to AIM Capital, 39 shares paid to RPM Capital LLC, 5 shares paid to RAD Children's Trust, 34,261 shares paid to Aspen Yo LLC and subsidiaries, 208 shares paid to Mendelsohn Family Limited Partnership, and 2,626 shares paid to Great Ajax FS LLC.
- [F3]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.
- [F4]Includes 284,285 shares held by Gregory Funding LLC, 564,960 shares held by Thetis Asset Management LLC, 1,022 shares held by Aspen Yo LLC and 77,627 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 1.7279 shares of the Issuer's common stock per $25.00 principal amount of notes (equivalent to a conversion price of approximately $14.47 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 1.7279 shares of the Issuer's common stock per $25.00 principal amount of Notes.
Documents
Issuer
Great Ajax Corp.
CIK 0001614806
Entity typeother
Related Parties
1- filerCIK 0001033026
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 5:23 PM ET
- Size
- 17.8 KB