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Name
|
| |
Age
|
| |
Title
|
| |
Director
Since |
|
Lawrence Mendelsohn | | |
58
|
| | Chairman of the Board of Directors and ChiefExecutive Officer (“CEO”); Manager of our Manager | | |
2014
|
|
Russell Schaub | | |
55
|
| | President and Director; Vice-President and Chief Operating Officer of the Servicer | | |
2015
|
|
Steven L. Begleiter | | |
57
|
| | Director | | |
2014
|
|
John C. Condas | | |
58
|
| | Director | | |
2015
|
|
Paul Friedman | | |
65
|
| | Director | | |
2016
|
|
Jonathan Bradford Handley, Jr.
|
| |
49
|
| | Director | | |
2014
|
|
J. Kirk Ogren, Jr. | | |
59
|
| | Director | | |
2014
|
|
| | |
Year Ended
December 31, 2018 |
| |||
Audit Fees
|
| | | $ | 736,000 | | |
Audit-Related Fees
|
| | | | — | | |
Tax Fees
|
| | | | — | | |
All Other Fees
|
| | | | — | | |
Total
|
| | | $ | 736,000 | | |
|
Member
|
| |
Audit Committee
|
| |
Compensation
Committee |
| |
Nominating and
Corporate Governance Committee |
|
Lawrence Mendelsohn
|
| | | | | | | | | |
Russell Schaub
|
| | | | | | | | | |
Steven L. Begleiter
|
| | | | | | | | | |
John C. Condas
|
| | | | |
X
|
| |
X
|
|
Paul Friedman
|
| |
X
|
| |
X
|
| |
X
|
|
Jonathan Bradford Handley, Jr.*
|
| |
X (chair)
|
| | | | | | |
J. Kirk Ogren, Jr.
|
| |
X
|
| |
X (chair)
|
| |
X (chair)
|
|
Name
|
| |
Age
|
| |
Title
|
|
Lawrence Mendelsohn | | |
58
|
| |
Chairman of the Board and CEO; Manager of our Manager
|
|
Russell Schaub | | |
55
|
| | President and Director; Vice-President and Chief Operating Officer of the Servicer | |
Mary Doyle | | |
54
|
| | CFO; CFO of the Manager and the Servicer | |
Name and principal position
|
| |
Year
|
| |
Salary
($) |
| |
Bonus
($) |
| |
Stock
awards ($)(1) |
| |
Option
awards ($) |
| |
Non-equity
incentive plan compensation ($) |
| |
Change in
pension value and nonqualified deferred compensation earnings ($) |
| |
All other
compensation ($) |
| |
Total
($) |
| |||||||||||||||||||||||||||
Lawrence Mendelsohn(2)
|
| | | | 2018 | | | | | | — | | | | | | — | | | | | | 108,640 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 108,640 | | |
| | | 2017 | | | | | | — | | | | | | — | | | | | | 237,150 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 237,150 | | | ||
| | | 2016 | | | | | | — | | | | | | — | | | | | | 742,500 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 742,500 | | | ||
Mary Doyle
|
| | | | 2018 | | | | | | 250,000(3) | | | | | | 150,000(3) | | | | | | 54,320 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 454,320 | | |
| | | 2017 | | | | | | 250,000(3) | | | | | | 150,000(3) | | | | | | 55,800 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 455,800 | | | ||
| | | 2016 | | | | | | 189,726(3) | | | | | | — | | | | | | 162,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 351,726 | | | ||
Russell Schaub(4)
|
| | | | 2018 | | | | | | — | | | | | | — | | | | | | 54,320 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 54,320 | | |
| | | 2017 | | | | | | — | | | | | | — | | | | | | 55,800 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 55,800 | | | ||
| | | 2016 | | | | | | — | | | | | | — | | | | | | 445,500 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 445,500 | | |
| | | | | | | | |
Estimated future payouts
under non-equity incentive plan awards |
| |
Estimated future payouts under
equity incentive plan awards |
| |
All other
stock awards: Number of shares of stock or units (#) |
| |
All other
option awards: Number of securities underlying options (#) |
| |
Exercise
or base price of option awards ($/Sh) |
| |
Grant date
fair value of stock and option awards |
| ||||||||||||||||||||||||||||||||||||||||||
Name
|
| |
Grant
date |
| |
Threshold
($) |
| |
Target
($) |
| |
Maximum
($) |
| |
Threshold
(#) |
| |
Target(1)
(#) |
| |
Maximum
(#) |
| |||||||||||||||||||||||||||||||||||||||||||||
Lawrence Mendelsohn
|
| | | | 8/10/18 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 8,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 108,640 | | |
Mary Doyle
|
| | | | 8/10/18 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 4,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 54,320 | | |
Russell Schaub
|
| | | | 8/10/18 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 4,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 54,320 | | |
| | |
Option awards
|
| |
Stock awards
|
| ||||||||||||||||||||||||||||||||||||||||||||||||
Name
|
| |
Number of
securities underlying unexercised options (#) exercisable |
| |
Number of
securities underlying unexercised options (#) unexercisable |
| |
Equity incentive
plan awards: number of securities underlying unexercised unearned options (#) |
| |
Option
exercise price ($) |
| |
Option
expiration date |
| |
Number of
shares or units of stock that have not vested (#) |
| |
Market
value of shares or units of stock that have not vested(1) ($) |
| |
Equity
incentive plan awards: number of unearned shares, units or other rights that have not vested (#) |
| |
Equity
incentive plan awards: market or payout value of unearned shares, units or other rights that have not vested(1) ($) |
| |||||||||||||||||||||||||||
Lawrence Mendelsohn
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 37,667 | | | | | | 514,240 | | | | | | 37,667 | | | | | | 514,240 | | |
Mary Doyle
|
| | | | — | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | 10,667 | | | | | | 145,520 | | | | | | 10,667 | | | | | | 145,520 | | |
Russell Schaub
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 17,667 | | | | | | 240,020 | | | | | | 17,667 | | | | | | 240,020 | | |
| | |
Option awards
|
| |
Stock awards
|
| ||||||||||||||||||
Name
|
| |
Number of shares
acquired on exercise (#) |
| |
Value realized on
exercise ($) |
| |
Number of shares acquired
on vesting (#) |
| |
Value realized on vesting(1)
($) |
| ||||||||||||
Lawrence Mendelsohn
|
| | | | — | | | | | | — | | | | | | 24,000 | | | | | | 326,550 | | |
Mary Doyle
|
| | | | — | | | | | | — | | | | | | 5,333 | | | | | | 72,600 | | |
Russell Schaub
|
| | | | — | | | | | | — | | | | | | 12,333 | | | | | | 167,100 | | |
Name
|
| |
Fees Earned or
Paid in Cash ($) |
| |
Stock Awards
($)(1) |
| |
Total
($) |
| |||||||||
John C. Condas
|
| | | | 37,500 | | | | | | 57,741 | | | | | | 95,241 | | |
Paul Friedman
|
| | | | 37,500 | | | | | | 57,741 | | | | | | 95,241 | | |
Jonathan Bradford Handley, Jr.
|
| | | | 50,000 | | | | | | 57,741 | | | | | | 107,741 | | |
J. Kirk Ogren, Jr.
|
| | | | 57,500 | | | | | | 57,741 | | | | | | 115,241 | | |
| | | | | 182,500 | | | | | | 230,964 | | | | | | 413,464 | | |
|
| | |
Shares Beneficially Owned
|
| |||||||||
| | |
Number
|
| |
Percent
|
| ||||||
Wellington Management Group LLP(1)
|
| | | | 3,647,967 | | | | | | 18.6% | | |
FMR LLC(2)
|
| | | | 3,000,429 | | | | | | 15.3% | | |
Flexpoint Great Ajax Holdings LLC(3)
|
| | | | 1,917,500 | | | | | | 9.8% | | |
Ithan Creek Master Investors (Cayman) L.P.(4)
|
| | | | 1,850,670 | | | | | | 9.4% | | |
American Financial Group, Inc.(5)
|
| | | | 1,571,190 | | | | | | 8.0% | | |
BlackRock, Inc.(6)
|
| | | | 1,238,026 | | | | | | 6.3% | | |
Lawrence Mendelsohn(7)(8)(9)(10)(11)(12)
|
| | | | 987,797 | | | | | | 5.0% | | |
Aspen Yo LLC(10)
|
| | | | 838,448 | | | | | | 4.3% | | |
Thetis Asset Management LLC
|
| | | | 488,680 | | | | | | 2.5% | | |
Russell Schaub(13)
|
| | | | 78,070 | | | | | | * | | |
Jonathan Bradford Handley, Jr.(14)
|
| | | | 62,218 | | | | | | * | | |
Mary Doyle
|
| | | | 45,731 | | | | | | * | | |
J. Kirk Ogren, Jr.(15)
|
| | | | 24,409 | | | | | | * | | |
Paul Friedman(16)
|
| | | | 13,692 | | | | | | * | | |
John C. Condas
|
| | | | 13,214 | | | | | | * | | |
Steven L. Begleiter(17)
|
| | | | — | | | | | | * | | |
Executive officers and directors as a group (8 persons)(18)
|
| | | | 1,226,034 | | | | | | 6.3% | | |