Magnetar Financial LLC - 28 Jun 2022 Form 4 Insider Report for Great Ajax Corp. (RPT)

Role
10%+ Owner
Signature
/s/ Alec N. Litowitz, as Manager of Supernova Management LLC, which is the General Partner of Magnetar Capital Partners LP, which is in turn the Sole Member of Magnetar Financial LLC
Issuer symbol
RPT
Transactions as of
28 Jun 2022
Net transactions value
-$27,250,036
Form type
4
Filing time
30 Jun 2022, 16:02:11 UTC
Previous filing
22 Jun 2022
Next filing
28 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJX 7.25% Series A Fixed-to-Floating Rate Preferred Stock Sale $3,577,190 -142,745 -49% $25.06 149,169 28 Jun 2022 Magnetar Longhorn Fund LP F1, F2, F3
transaction AJX 7.25% Series A Fixed-to-Floating Rate Preferred Stock Sale $7,735,295 -308,671 -49% $25.06 322,561 28 Jun 2022 Magnetar Structured Credit Fund, LP F1, F2, F3
transaction AJX 7.25% Series A Fixed-to-Floating Rate Preferred Stock Sale $2,729,861 -108,933 -49% $25.06 113,834 28 Jun 2022 Purpose Alternative Credit Fund - F LLC F1, F2, F3
transaction AJX 7.25% Series A Fixed-to-Floating Rate Preferred Stock Sale $1,364,918 -54,466 -49% $25.06 56,917 28 Jun 2022 Purpose Alternative Credit Fund - T LLC F1, F2, F3
transaction AJX 5.00% Series B Fixed-to-Floating Rate Preferred Stock Sale $4,514,810 -185,185 -49% $24.38 193,519 28 Jun 2022 Magnetar Constellation Master Fund, Ltd F1, F2, F3
holding AJX 5.00% Series B Fixed-to-Floating Rate Preferred Stock 227,600 28 Jun 2022 Magnetar Constellation Fund V Ltd F1, F2, F3
holding AJX 5.00% Series B Fixed-to-Floating Rate Preferred Stock 1,040,000 28 Jun 2022 Magnetar SC Fund Ltd F1, F2, F3
holding AJX 5.00% Series B Fixed-to-Floating Rate Preferred Stock 1,200,000 28 Jun 2022 Magnetar Xing He Master Fund Ltd F1, F2, F3
holding AJX 7.25% Series A Fixed-to-Floating Rate Preferred Stock 156,400 28 Jun 2022 Magnetar Constellation Fund V LLC F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AJX Series A Warrants (right to buy) Sale $1,247,233 -178,431 -59% $6.99 121,569 28 Jun 2022 Common Stock, par value $0.01 per share 178,431 $10.00 Magnetar Longhorn Fund LP F1, F2, F3
transaction AJX Series A Warrants (right to buy) Sale $2,697,015 -385,839 -59% $6.99 264,161 28 Jun 2022 Common Stock, par value $0.01 per share 385,839 $10.00 Magnetar Structured Credit Fund, LP F1, F2, F3
transaction AJX Series A Warrants (right to buy) Sale $951,800 -136,166 -49% $6.99 142,293 28 Jun 2022 Common Stock, par value $0.01 per share 136,166 $10.00 Purpose Alternative Credit Fund - F LLC F1, F2, F3
transaction AJX Series A Warrants (right to buy) Sale $475,900 -68,083 -49% $6.99 71,146 28 Jun 2022 Common Stock, par value $0.01 per share 68,083 $10.00 Purpose Alternative Credit Fund - T LLC F1, F2, F3
transaction AJX Series B Warrants (right to buy) Sale $1,956,014 -231,481 -49% $8.45 241,899 28 Jun 2022 Common Stock, par value $0.01 per share 231,481 $10.00 Magnetar Constellation Master Fund, Ltd F1, F2, F3
holding AJX Series A Warrants (right to buy) 75,000 28 Jun 2022 Common Stock, par value $0.01 per share 75,000 $10.00 Magnetar Constellation Fund V LLC F1, F2, F3
holding AJX Series A Warrants (right to buy) 120,500 28 Jun 2022 Common Stock, par value $0.01 per share 120,500 $10.00 Magnetar Constellation Fund V LLC F1, F2, F3
holding AJX Series A Warrants (right to buy) 64,892 28 Jun 2022 Common Stock, par value $0.01 per share 64,892 $10.00 Magnetar Longhorn Fund LP F1, F2, F3
holding AJX Series A Warrants (right to buy) 139,040 28 Jun 2022 Common Stock, par value $0.01 per share 139,040 $10.00 Magnetar Structured Credit Fund, LP F1, F2, F3
holding AJX Series B Warrants (right to buy) 175,000 28 Jun 2022 Common Stock, par value $0.01 per share 175,000 $10.00 Magnetar Constellation Fund V Ltd F1, F2, F3
holding AJX Series B Warrants (right to buy) 1,500,000 28 Jun 2022 Common Stock, par value $0.01 per share 1,500,000 $10.00 Magnetar Xing He Master Fund Ltd F1, F2, F3
holding AJX Series B Warrants (right to buy) 1,300,000 28 Jun 2022 Common Stock, par value $0.01 per share 1,300,000 $10.00 Magnetar SC Fund Ltd F1, F2, F3
holding AJX Series B Warrants (right to buy) 109,500 28 Jun 2022 Common Stock, par value $0.01 per share 109,500 $10.00 Magnetar Constellation Fund V Ltd F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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").
F2 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.
F3 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.