Filing Details
- Accession Number:
- 0001179110-21-000757
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-01-21 19:24:14
- Reporting Period:
- 2021-01-21
- Accepted Time:
- 2021-01-21 19:24:14
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
908311 | Cim Commercial Trust Corp | CMCT | Real Estate Investment Trusts (6798) | 756446078 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1601805 | Avraham Shemesh | 4700 Wilshire Blvd Los Angeles CA 90010 | Yes | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Series A Preferred Shares | Acquisiton | 2021-01-21 | 96,740 | $25.00 | 298,472 | No | 4 | P | Indirect | See footnote (2) |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See footnote (2) |
Footnotes
- CIM Capital, LLC ("CIM Capital"), a wholly owned subsidiary of CIM Group, LLC, received 96,740 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 CIM Capital a management fee in respect of the fourth fiscal quarter of 2020 pursuant to the investment management agreement between CIM Capital and CIM Urban.
- CIM Group, LLC is the sole equity member of CIM Capital. The reporting person, Richard Ressler and Shaul Kuba may be deemed to beneficially own all of the shares of Series A Preferred Stock acquired from CIM Capital because of their positions with CIM Group, LLC. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of such shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.