John Kirk Ogren JR - Mar 7, 2022 Form 4 Insider Report for Great Ajax Corp. (AJX)

Role
Director
Signature
/s/ John Kirk Ogren, Jr.
Stock symbol
AJX
Transactions as of
Mar 7, 2022
Transactions value $
$9,994
Form type
4
Date filed
3/7/2022, 06:35 PM
Previous filing
Nov 8, 2021
Next filing
May 9, 2022

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 $9.99K +694 +1.33% $14.40 53K Mar 7, 2022 Direct F1, F2

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 Mar 7, 2022 Common Stock, par value $0.01 per share 2.59K $14.47 Direct F3, F4
* 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 fourth quarter ended December 31, 2021. Price per share is the average closing price per share for the first five days preceding the dividend record date of November 15, 2021.
F2 Includes the following shares acquired under the Issuer's Dividend Reinvestment Plan: 827.357 shares acquired on November 29, 2021; and 364.203 shares acquired on January 25, 2022.
F3 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.
F4 Calculated based on the conversion rate of 1.7279 shares of the Issuer's common stock per $25.00 principal amount of Notes.