Subramaniam Viswanathan - 17 Jan 2024 Form 4 Insider Report for CHIMERA INVESTMENT CORP (CIM)

Signature
/s/ Subramaniam Viswanathan
Issuer symbol
CIM
Transactions as of
17 Jan 2024
Transactions value $
$0
Form type
4
Filing time
18 Jan 2024, 16:33:07 UTC
Previous filing
03 Jan 2024
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIM Common Stock Award $0 +127K +69.85% $0.00 309K 17 Jan 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Chimera common stock underlying restricted stock units ("RSUs"). The RSUs are scheduled to vest one-third per year on December 31st of 2024, 2025 and 2026 and shall be settled 100% in shares of Chimera common stock. The reporting person does not intend to report the vesting of the RSUs nor the delivery of the shares of common stock. The reporting person elected to defer share settlement until separation of service (such deferred share units are herein referred to as "DSUs").
F2 Each RSU is the economic equivalent of one share of Chimera common stock.
F3 Dividend equivalent rights ("DERs") issued on RSUs and DSUs are included in the reporting person's common stock holding balance. Each DER is the economic equivalent of one share of Chimera common stock.