CIM Capital, LLC - 07 Jul 2021 Form 4 Insider Report for CIM Commercial Trust Corp (CMCT)

Role
Member of 10% owner group
Signature
/s/ David Thompson, Vice President
Issuer symbol
CMCT
Transactions as of
07 Jul 2021
Net transactions value
+$2,233,450
Form type
4
Filing time
09 Jul 2021, 18:38:41 UTC
Previous filing
29 Jun 2021
Next filing
09 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMCT Series A Preferred Shares Purchase $2,233,450 +89,338 +31% $25.00* 376,537 07 Jul 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received 89.338 shares of Series A Preferred Stock from the Issuer as payment for the obligation of CIM Urban Partners, L.P. ("CIM Urban"), a wholly-owned indirect subsidiary of the Issuer, to pay the reporting person a management fee in respect of the first fiscal quarter of 2021 pursuant to the investment management agreement between the reporting person and CIM Urban.