Rithm Property Trust Inc. — Director's Dealing 2015

May 7, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Great Ajax Corp. (AJX)
CIK: 0001614806
Period of Report: 2015-05-06

Reporting Person: MENDELSOHN LAWRENCE (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-06	Common Stock, par value $0.01 per share	P	1000	$14	Acquired	1070	Direct
2015-05-06	Common Stock, par value $0.01 per share	P	1000	$14	Acquired	1000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.01 per share	70	Indirect
Common Stock, par value $0.01 per share	70	Indirect
Common Stock, par value $0.01 per share	70	Indirect
Common Stock, par value $0.01 per share	70	Indirect
Common Stock, par value $0.01 per share	124588	Indirect
Common Stock, par value $0.01 per share	274667	Indirect
Common Stock, par value $0.01 per share	7018	Indirect
Common Stock, par value $0.01 per share	399355	Indirect
Common Stock, par value $0.01 per share	16842	Indirect

Footnotes

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: Mr. Mendelsohn and certain members of his family are partners of Mendelsohn Family Limited Partnership.

F3: Flanders Street Capital Partners I., L.P. is managed by Flanders Street Capital Management which is wholly owned by Mr. Mendelsohn. Mr. Mendelsohn and his wife are general partners or agents of certain members of Flanders Street Capital Partners I., L.P.

F4: Includes 274,557 shares of Gregory Funding LLC and 124,667 shares of Thetis Asset Management LLC reported above.