13D Filing: Urban Partners II, LLC and CIM Commercial Trust Corp (CMCT)

assumes there are 57,875,848 Common Shares outstanding by subtracting the number of Common Shares repurchased in the Second Share Repurchase (26,181,818 Common Shares) from the number of Common Shares outstanding as reported on the Issuers Quarterly Report on Form 10-Q as filed with the SEC on May 10, 2017 (84,048,081 Common Shares) and adding the number of Common Shares granted to the Issuers independent directors on June 9, 2017 (9,585 Common Shares).

(b) Urban II has the sole power to vote and dispose of 55,718,648 Common Shares. Mr. Ressler has the sole power to vote and dispose of 30,659 Common Shares and the shared power to vote and dispose of 56,072,592 Common Shares. Messrs. Shemesh and Kuba each have the shared power to vote and dispose of 56,088,205 Common Shares. CIM Manager has the sole power to vote and dispose of 353,944 Common Shares and the shared power to vote and dispose of 56,072,592 Common Shares.

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