4//SEC Filing
MENDELSOHN LAWRENCE 4
Accession 0001628280-22-022242
CIK 0001614806other
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 4:40 PM ET
Size
16.2 KB
Accession
0001628280-22-022242
Insider Transaction Report
Form 4
MENDELSOHN LAWRENCE
DirectorChief Executive Officer
Transactions
- Award
Common Stock, par value $0.01 per share
2022-08-08$10.46/sh+16,000$167,360→ 133,434 total
Holdings
- 16,061(indirect: By Flanders Street Credit Partners I., L.P.)
Common Stock, par value $0.01 per share
- 611,970(indirect: By LLC)
Common Stock, par value $0.01 per share
- 73(indirect: By son)
Common Stock, par value $0.01 per share
- 3,948(indirect: By LLC)
Common Stock, par value $0.01 per share
- 68,713(indirect: By LLC)
Common Stock, par value $0.01 per share
- 73(indirect: By Spouse)
Common Stock, par value $0.01 per share
- 906(indirect: By AIM Capital)
Common Stock, par value $0.01 per share
- 249,695(indirect: By LLC)
Common Stock, par value $0.01 per share
- 361,912(indirect: By LLC)
Common Stock, par value $0.01 per share
- 452(indirect: By Trust)
Common Stock, par value $0.01 per share
- 13,475(indirect: By Partnership)
Common Stock, par value $0.01 per share
- 8,000(indirect: By LLC)
7.25% Convertible Notes due 2024
Exercise: $14.36From: 2023-04-30Exp: 2024-04-30→ Common Stock, par value $0.01 per share (13,924 underlying)
Footnotes (7)
- [F1]Granted pursuant to the shareholder approved 2016 Equity Incentive Plan, which will vest in three equal installments annually, starting August 8, 2023.
- [F2]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.
- [F3]Includes 77,627 shares transferred from Great Ajax FS LLC, an entity controlled by Mr. Mendelsohn.
- [F4]Includes 361,912 shares held by Gregory Funding LLC, 249,695 shares held by Thetis Asset Management LLC, and 363 shares held by Aspen Yo LLC reported herein. Total is net of distributions of 114,857 shares; this includes 442 shares distributed to Aspen Uranus LLC, 171 shares distributed to AIM Capital, 745 shares distributed to RPM Capital LLC, 85 shares distributed to RAD Children's Trust, 1,387 shares distributed to Mendelsohn Family Limited Partnership, and 112,027 shares distributed to entities not controlled by Mr. Mendelsohn.
- [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 1.7405 shares of the Issuer's common stock per $25.00 principal amount of notes (equivalent to a conversion price of approximately $14.36 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 1.7405 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 9, 8:00 PM ET
- Accepted
- Aug 10, 4:40 PM ET
- Size
- 16.2 KB