John Kirk Ogren JR - Aug 9, 2021 Form 4 Insider Report for Great Ajax Corp. (AJX)

Role
Director
Signature
/s/ John Kirk Ogren, Jr.
Stock symbol
AJX
Transactions as of
Aug 9, 2021
Transactions value $
$10,006
Form type
4
Date filed
8/9/2021, 05:16 PM
Previous filing
May 11, 2021
Next filing
Nov 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJX Common Stock, par value $0.01 per share Award $10K +805 +1.65% $12.43 49.5K Aug 9, 2021 Direct F1, F2
holding AJX Common Stock, par value $0.01 per share 108 Aug 9, 2021 By daughter F3
holding AJX Common Stock, par value $0.01 per share 108 Aug 9, 2021 By son F3
holding AJX Common Stock, par value $0.01 per share 108 Aug 9, 2021 By daughter 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
holding AJX 7.25% Convertible Notes due 2024 1.5K Aug 9, 2021 Common Stock, par value $0.01 per share 2.59K $14.47 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of director fees for second quarter ended June 30, 2021. Price per share is the average closing price per share for the first five days preceding the dividend record date of May 20, 2021.
F2 Includes 629.459 shares acquired on May 31, 2021 under the Issuer's Dividend Reinvestment Plan.
F3 Includes 1.596 shares acquired on May 31, 2021 under the Issuer's Dividend Reinvestment Plan.
F4 The conversion rate of the 7.25% convertible notes due 2024 (the "Notes") equals 1.7279 shares of the Issuer's common stock per $25.00 principal amount of the Notes (equivalent to a conversion price of approximately $14.47 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.
F5 Calculated based on the conversion rate of 1.7279 shares of the Issuer's common stock per $25.00 principal amount of Notes.