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

Role
Principal Accounting Officer
Signature
/s/ Kelley Kortman
Stock symbol
CIM
Transactions as of
Dec 15, 2021
Transactions value $
-$29,583
Form type
4
Date filed
12/21/2021, 05:17 PM
Previous filing
Aug 25, 2021
Next filing
Dec 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIM Common Stock Award $0 +7.82K +56.35% $0.00 21.7K Dec 15, 2021 Direct F1, F2
transaction CIM Common Stock Tax liability -$29.6K -1.95K -8.97% $15.21 19.7K Dec 15, 2021 Direct F3
holding CIM Series B Preferred Stock 5.8K Dec 15, 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