Filing Details

Accession Number:
0001209191-22-038797
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-22 20:25:21
Reporting Period:
2022-06-17
Accepted Time:
2022-06-22 20:25:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1614806 Great Ajax Corp. AJX () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1352851 Magnetar Financial Llc 1603 Orrington Avenue, 13Th Floor
Evanston IL 60201
No No Yes No
1353085 Magnetar Capital Partners Lp 1603 Orrington Avenue, 13Th Floor
Evanston IL 60201
No No Yes No
1368026 Supernova Management Llc 1603 Orrington Avenue, 13Th Floor
Evanston IL 60201
No No Yes No
1368027 N Alec Litowitz 1603 Orrington Avenue, 13Th Floor
Evanston IL 60201
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
7.25% Series A Fixed-To-Floating Rate Preferred Stock Disposition 2022-06-17 35,686 $24.61 291,914 No 4 S Indirect Magnetar Longhorn Fund LP
7.25% Series A Fixed-To-Floating Rate Preferred Stock Disposition 2022-06-17 77,168 $24.61 631,232 No 4 S Indirect Magnetar Structured Credit Fund, LP
7.25% Series A Fixed-To-Floating Rate Preferred Stock Disposition 2022-06-17 27,233 $24.61 222,767 No 4 S Indirect Purpose Alternative Credit Fund - F LLC
7.25% Series A Fixed-To-Floating Rate Preferred Stock Disposition 2022-06-17 13,617 $24.61 111,383 No 4 S Indirect Purpose Alternative Credit Fund - T LLC
5.00% Series B Fixed-To-Floating Rate Preferred Stock Disposition 2022-06-17 46,296 $24.05 378,704 No 4 S Indirect Magnetar Constellation Master Fund, Ltd
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Magnetar Longhorn Fund LP
No 4 S Indirect Magnetar Structured Credit Fund, LP
No 4 S Indirect Purpose Alternative Credit Fund - F LLC
No 4 S Indirect Purpose Alternative Credit Fund - T LLC
No 4 S Indirect Magnetar Constellation Master Fund, Ltd
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.01 Per Share Series A Warrants (right to buy) Disposition 2022-06-17 34,041 $6.99 34,041 $10.00
Common Stock, Par Value $0.01 Per Share Series A Warrants (right to buy) Disposition 2022-06-17 17,021 $6.99 17,021 $10.00
Common Stock, Par Value $0.01 Per Share Series A Warrants (right to buy) Disposition 2022-06-17 44,608 $6.99 44,608 $10.00
Common Stock, Par Value $0.01 Per Share Series A Warrants (right to buy) Disposition 2022-06-17 96,460 $6.99 96,460 $10.00
Common Stock, Par Value $0.01 Per Share Series B Warrants (right to buy) Disposition 2022-06-17 57,870 $8.45 57,870 $10.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
278,459 2020-08-05 2025-04-06 No 4 S Indirect
139,229 2020-08-05 2025-04-06 No 4 S Indirect
64,892 2020-08-05 2025-05-07 No 4 S Indirect
139,040 2020-08-05 2025-05-07 No 4 S Indirect
473,380 2020-08-05 2025-04-06 No 4 S Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
5.00% Series B Fixed-To-Floating Rate Preferred Stock 227,600 Indirect Magnetar Constellation Fund V Ltd
5.00% Series B Fixed-To-Floating Rate Preferred Stock 1,040,000 Indirect Magnetar SC Fund Ltd
5.00% Series B Fixed-To-Floating Rate Preferred Stock 1,200,000 Indirect Magnetar Xing He Master Fund Ltd
7.25% Series A Fixed-To-Floating Rate Preferred Stock 156,400 Indirect Magnetar Constellation Fund V LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, Par Value $0.01 Per Share Series A Warrants (right to buy) $10.00 2020-08-05 2025-04-06 75,000 75,000 Indirect
Common Stock, Par Value $0.01 Per Share Series A Warrants (right to buy) $10.00 2020-08-05 2025-04-06 300,000 300,000 Indirect
Common Stock, Par Value $0.01 Per Share Series A Warrants (right to buy) $10.00 2020-08-05 2025-04-06 650,000 650,000 Indirect
Common Stock, Par Value $0.01 Per Share Series A Warrants (right to buy) $10.00 2020-08-05 2025-05-07 120,500 120,500 Indirect
Common Stock, Par Value $0.01 Per Share Series B Warrants (right to buy) $10.00 2020-08-05 2025-04-06 175,000 175,000 Indirect
Common Stock, Par Value $0.01 Per Share Series B Warrants (right to buy) $10.00 2020-08-05 2025-04-06 1,500,000 1,500,000 Indirect
Common Stock, Par Value $0.01 Per Share Series B Warrants (right to buy) $10.00 2020-08-05 2025-04-06 1,300,000 1,300,000 Indirect
Common Stock, Par Value $0.01 Per Share Series B Warrants (right to buy) $10.00 2020-08-05 2025-05-07 109,500 109,500 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2025-04-06 75,000 75,000 Indirect
2025-04-06 300,000 300,000 Indirect
2025-04-06 650,000 650,000 Indirect
2025-05-07 120,500 120,500 Indirect
2025-04-06 175,000 175,000 Indirect
2025-04-06 1,500,000 1,500,000 Indirect
2025-04-06 1,300,000 1,300,000 Indirect
2025-05-07 109,500 109,500 Indirect
Footnotes
  1. 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").
  2. 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.
  3. 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.