Magnetar Financial LLC - 26 Jul 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
26 Jul 2022
Net transactions value
-$6,738,842
Form type
4
Filing time
28 Jul 2022, 16:13:18 UTC
Previous filing
30 Jun 2022
Next filing
02 Sep 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 $879,660 -35,686 -24% $24.65 113,483 26 Jul 2022 Magnetar Longhorn Fund LP F1, F2, F3
transaction AJX 7.25% Series A Fixed-to-Floating Rate Preferred Stock Sale $1,902,191 -77,168 -24% $24.65 245,393 26 Jul 2022 Magnetar Structured Credit Fund, LP F1, F2, F3
transaction AJX 7.25% Series A Fixed-to-Floating Rate Preferred Stock Sale $671,293 -27,233 -24% $24.65 86,601 26 Jul 2022 Purpose Alternative Credit Fund - F LLC F1, F2, F3
transaction AJX 7.25% Series A Fixed-to-Floating Rate Preferred Stock Sale $335,659 -13,617 -24% $24.65 43,300 26 Jul 2022 Purpose Alternative Credit Fund - T LLC F1, F2, F3
transaction AJX 5.00% Series B Fixed-to-Floating Rate Preferred Stock Sale $1,118,048 -46,296 -24% $24.15 147,223 26 Jul 2022 Magnetar Constellation Master Fund, Ltd F1, F2, F3
holding AJX 7.25% Series A Fixed-to-Floating Rate Preferred Stock 156,400 26 Jul 2022 Magnetar Constellation Fund V LLC F1, F2, F3
holding AJX 5.00% Series B Fixed-to-Floating Rate Preferred Stock 227,600 26 Jul 2022 Magnetar Constellation Fund V Ltd F1, F2, F3
holding AJX 5.00% Series B Fixed-to-Floating Rate Preferred Stock 1,040,000 26 Jul 2022 Magnetar SC Fund Ltd F1, F2, F3
holding AJX 5.00% Series B Fixed-to-Floating Rate Preferred Stock 1,200,000 26 Jul 2022 Magnetar Xing He Master Fund Ltd 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 $311,810 -44,608 -37% $6.99 76,961 26 Jul 2022 Common stock, par value $0.01 per share 44,608 $10.00 Magnetar Longhorn Fund LP F1, F2, F3
transaction AJX Series A Warrants (right to buy) Sale $674,255 -96,460 -37% $6.99 167,701 26 Jul 2022 Common stock, par value $0.01 per share 96,460 $10.00 Magnetar Structured Credit Fund, LP F1, F2, F3
transaction AJX Series A Warrants (right to buy) Sale $237,947 -34,041 -24% $6.99 108,252 26 Jul 2022 Common stock, par value $0.01 per share 34,041 $10.00 Purpose Alternative Credit Fund - F LLC F1, F2, F3
transaction AJX Series A Warrants (right to buy) Sale $118,977 -17,021 -24% $6.99 54,125 26 Jul 2022 Common stock, par value $0.01 per share 17,021 $10.00 Purpose Alternative Credit Fund - T LLC F1, F2, F3
transaction AJX Series B Warrants (right to buy) Sale $489,002 -57,870 -24% $8.45 184,029 26 Jul 2022 Common stock, par value $0.01 per share 57,870 $10.00 Magnetar Constellation Master Fund, Ltd F1, F2, F3
holding AJX Series A Warrants (right to buy) 75,000 26 Jul 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 26 Jul 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 26 Jul 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 26 Jul 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 26 Jul 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 26 Jul 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 26 Jul 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 26 Jul 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.