| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AJX | Common Stock, par value $0.01 per share | Other | -$2.78M | -362K | -100% | $7.67 | 0 | Dec 14, 2022 | By Gregory Funding LLC | F2 |
| holding | AJX | Common Stock, par value $0.01 per share | 133K | Dec 14, 2022 | Direct | ||||||
| holding | AJX | Common Stock, par value $0.01 per share | 127K | Dec 14, 2022 | By Thetis Asset Management LLC | F1 | |||||
| holding | AJX | Common Stock, par value $0.01 per share | 16.1K | Dec 14, 2022 | By Flanders Street Credit Partners I., L.P. | F1 | |||||
| holding | AJX | Common Stock, par value $0.01 per share | 69.2K | Dec 14, 2022 | By Aspen Uranus LLC | F1 | |||||
| holding | AJX | Common Stock, par value $0.01 per share | 73 | Dec 14, 2022 | By wife | ||||||
| holding | AJX | Common Stock, par value $0.01 per share | 73 | Dec 14, 2022 | By son | ||||||
| holding | AJX | Common Stock, par value $0.01 per share | 1.09K | Dec 14, 2022 | By AIM Capital | ||||||
| holding | AJX | Common Stock, par value $0.01 per share | 4.74K | Dec 14, 2022 | RPM Capital LLC | ||||||
| holding | AJX | Common Stock, par value $0.01 per share | 544 | Dec 14, 2022 | By wife through RAD Children's Trust | ||||||
| holding | AJX | Common Stock, par value $0.01 per share | 128K | Dec 14, 2022 | By Aspen Yo LLC | F1, F2, F3 | |||||
| holding | AJX | Common Stock, par value $0.01 per share | 15K | Dec 14, 2022 | By Mendelsohn Family Limited Partnership | F4 |
| 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 | 8K | Dec 14, 2022 | Common Stock, par value $0.01 per share | 13.9K | $14.36 | By Aspen Uranus LLC | F1, F5, F6 |
| Id | Content |
|---|---|
| F1 | The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that the reporting person is the beneficial owner of all of the reported shares for purposes of Section 16 or for any other purpose. |
| F2 | As was previously publicly disclosed, on December 9, 2021, Gregory Funding LLC ("Gregory") issued a promissory note to Great Ajax Corp. ("Great Ajax") under which Gregory was given the opportunity to borrow up to $3.5 million on a revolving line of credit from Great Ajax with interest accruing at 7.2% annually. On December 14, 2022, Gregory and Great Ajax agreed to exchange 361,912 shares of Great Ajax held by Gregory for a reduction in the amount of outstanding debt owed under the promissory note based upon the volume-weighted average price of the shares as reported during the ten trading day period preceding the date of the exchange. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that the reporting person is the beneficial owner of all of the reported shares for purposes of Section 16 or for any other purpose. |
| F3 | Includes 127,315 shares held by Thetis Asset Management LLC, and 415 shares held by Aspen Yo LLC reported herein. Total is net of distributions of 122,380 shares; this includes 471 shares distributed to Aspen Uranus LLC, 182 shares distributed to AIM Capital, 794 shares distributed to RPM Capital LLC, 92 shares distributed to RAD Children's Trust, 1,478 shares distributed to Mendelsohn Family Limited Partnership, and 119,363 shares distributed to entities not controlled by Mr. Mendelsohn. |
| F4 | Mr. Mendelsohn and certain members of his family are partners of Mendelsohn Family Limited Partnership. |
| F5 | The conversion rate of the 7.25% convertible notes due 2024 (the "Notes") equals 1.7405 shares of the Issuer's common stock per $25.00 principal amount of notes (equivalent to a conversion price of approximately $14.36 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. |
| F6 | Calculated based on the conversion rate of 1.7405 shares of the Issuer's common stock per $25.00 principal amount of Notes. |