Kelley Kortman - 15 Dec 2021 Form 4 Insider Report for CHIMERA INVESTMENT CORP (CIM)

Signature
/s/ Kelley Kortman
Issuer symbol
CIM
Transactions as of
15 Dec 2021
Net transactions value
-$29,583
Form type
4
Filing time
21 Dec 2021, 17:17:18 UTC
Previous filing
25 Aug 2021
Next filing
28 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIM Common Stock Award $0 +7,817 +56% $0.000000 21,690 15 Dec 2021 Direct F1, F2
transaction CIM Common Stock Tax liability $29,583 -1,945 -9% $15.21 19,745 15 Dec 2021 Direct F3
holding CIM Series B Preferred Stock 5,800 15 Dec 2021 Direct
* 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"). Each RSU has the economic equivalent of one share of Chimera common stock. The RSUs are scheduled to vest one-third per year on the first, second and third anniversaries of the grant date 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 Dividend equivalent rights ("DERs") issued on RSUs are included in the reporting person's common stock holding balance. Each DER is the economic equivalent of one share of Chimera common stock.
F3 Shares reported were withheld for payment of taxes associated with the vesting of prior grants of RSUs.tnote