4//SEC Filing
MENDELSOHN LAWRENCE 4
Accession 0001144204-19-013117
CIK 0001614806other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 7:30 PM ET
Size
16.3 KB
Accession
0001144204-19-013117
Insider Transaction Report
Form 4
MENDELSOHN LAWRENCE
DirectorChief Executive Officer
Transactions
- Award
Common Stock, par value $0.01 per share
2016-08-17+55,000→ 82,070 total - Award
Common Stock, par value $0.01 per share
2019-03-06$15.60/sh+51,007$795,709→ 604,463 total(indirect: By LLC)
Holdings
- 70(indirect: By Spouse)
Common Stock, par value $0.01 per share
- 45,938(indirect: By LLC)
Common Stock, par value $0.01 per share
- 49,952(indirect: By LLC)
Common Stock, par value $0.01 per share
- 5,923(indirect: By Partnership)
Common Stock, par value $0.01 per share
- 8,518(indirect: By Flanders Street Capital Partners I., L.P.)
Common Stock, par value $0.01 per share
- 70(indirect: By son)
Common Stock, par value $0.01 per share
- 8,000(indirect: By LLC)
7.25% Convertible Notes due 2024
Exercise: $15.21From: 2023-04-30Exp: 2024-04-30→ Common Stock, par value $0.01 per share (13,150.4 underlying) - 70(indirect: By daughter)
Common Stock, par value $0.01 per share
- 925,068(indirect: By LLC)
Common Stock, par value $0.01 per share
- 274,667(indirect: By LLC)
Common Stock, par value $0.01 per share
Footnotes (7)
- [F1]Granted pursuant to the 2016 Equity Incentive Plan, which will vest in three equal installments annually starting August 17, 2017. The reporting person inadvertently failed to report this grant on Form 5 for the registrant's 2016 fiscal year.
- [F2]Payment of management fee to Thetis Asset Management LLC for fourth quarter ended December 31, 2018.
- [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 274,667 shares held by Gregory Funding LLC, 604,463 shares held by Thetis Asset Management LLC and 45,938 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 initial conversion rate of the 7.25% convertible notes due 2024 (the "Notes") equals 1.6438 shares of the Issuer's common stock per $25.00 principal amount of notes (equivalent to a conversion price of approximately $15.21 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 initial conversion rate of 1.6438 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
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 7:30 PM ET
- Size
- 16.3 KB