Sudhanshu Thakkar - Jan 1, 2025 Form 4 Insider Report for CHIMERA INVESTMENT CORP (CIM)

Role
Chief Credit & Risk Officer
Signature
/s/ Sudhanshu Thakkar
Stock symbol
CIM
Transactions as of
Jan 1, 2025
Transactions value $
$0
Form type
4
Date filed
1/2/2025, 04:50 PM
Previous filing
Dec 17, 2024
Next filing
Feb 25, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIM Common Stock Award $0 +39.6K +51.33% $0.00 117K Jan 1, 2025 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 Investment Corporation common stock ("Chimera common stock") underlying restricted stock units ("RSUs"). The RSUs are scheduled to vest one-third per year on December 31st of 2025, 2026 and 2027 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.
F2 Each RSU is the economic equivalent of one share of Chimera common stock.
F3 The total share numbers reflect a 1-for-3 reverse stock split that became effective following the close of business on May 21, 2024. Dividend equivalent rights ("DERs") issued on RSUs, underlying performance stock units or PSUs and deferred stock units are included in the reporting person's common stock holding balance. Each DER is the economic equivalent of one share of Chimera common stock.