<SEC-DOCUMENT>0001571049-15-001075.txt : 20150212
<SEC-HEADER>0001571049-15-001075.hdr.sgml : 20150212
<ACCEPTANCE-DATETIME>20150212165436
ACCESSION NUMBER:		0001571049-15-001075
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150210
FILED AS OF DATE:		20150212
DATE AS OF CHANGE:		20150212

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Great Ajax Corp.
		CENTRAL INDEX KEY:			0001614806
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				465211780
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		9400 SW BEAVERTON-HILLSDALE HIGHWAY
		STREET 2:		SUITE 131
		CITY:			BEAVERTON
		STATE:			OR
		ZIP:			97005
		BUSINESS PHONE:		503-295-5800

	MAIL ADDRESS:	
		STREET 1:		9400 SW BEAVERTON-HILLSDALE HIGHWAY
		STREET 2:		SUITE 131
		CITY:			BEAVERTON
		STATE:			OR
		ZIP:			97005

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Ithan Creek Master Investors (Cayman), L.P.
		CENTRAL INDEX KEY:			0001450835
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36844
		FILM NUMBER:		15607120

	BUSINESS ADDRESS:	
		STREET 1:		C/O WELLINGTON MANAGEMENT COMPANY, LLP
		STREET 2:		280 CONGRESS STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210
		BUSINESS PHONE:		617-790-7265

	MAIL ADDRESS:	
		STREET 1:		C/O WELLINGTON MANAGEMENT COMPANY, LLP
		STREET 2:		280 CONGRESS STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>t1500328_f3.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2015-02-10</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001614806</issuerCik>
        <issuerName>Great Ajax Corp.</issuerName>
        <issuerTradingSymbol>AJX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001450835</rptOwnerCik>
            <rptOwnerName>Ithan Creek Master Investors (Cayman), L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WELLINGTON MANAGEMENT COMPANY, LLP</rptOwnerStreet1>
            <rptOwnerStreet2>280 CONGRESS STREET</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02210</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1671257</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Partnership Units</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>624106</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Represents limited partnership units of Great Ajax Operating Partnership L.P., (&quot;OP Units&quot;), a subsidiary of Great Ajax Corp. (the &quot;Issuer&quot;). Each OP Unit is redeemable beginning one year after its issuance for cash equal to the fair market value of one share of the Issuer's common stock (determined in accordance with, and subject to adjustment under, the terms of the partnership agreement), except that the Issuer may, at its election, instead redeem each OP Unit so presented for one share of the Issuer's common stock (subject to adjustment under the terms of the partnership agreement). These redemption rights have no expiration date. 453,551 of the OP Units are redeemable beginning on July 8, 2015, 14,555 of the OP Units are redeemable beginning on August 1, 2015 and 156,000 of the OP Units are redeemable beginning on December 16, 2015.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Ithan Creek Master Investors (Cayman), L.P. By: Wellington Hedge Management LLC, as General Partner /s/ Matthew N. Shea By: Matthew N. Shea Title: Authorized Person</signatureName>
        <signatureDate>2015-02-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
