Rithm Property Trust Inc. — Director's Dealing 2021

Mar 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Great Ajax Corp. (AJX)
CIK: 0001614806
Period of Report: 2021-03-08

Reporting Person: Ogren John Kirk JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-08	Common Stock, par value $0.01 per share	A	1070	$9.34	Acquired	42691.2312	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.01 per share	104.442	Indirect
Common Stock, par value $0.01 per share	104.442	Indirect
Common Stock, par value $0.01 per share	104.442	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
7.25% Convertible Notes due 2024	$14.47	2024-04-30	Common Stock, par value $0.01 per share (2591.85)	1500	Direct

Footnotes

F1: Payment of director fees for fourth quarter ended December 31, 2020. Price per share is the average closing price per share for the first five days preceding the record dividend date of November 16, 2020.

F2: Includes 589.345 shares acquired on November 30, 2020 under the Issuer's Dividend Reinvestment Plan.

F3: Includes 1.738 shares acquired on November 30, 2020 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.