Kelley Kortman - Dec 15, 2022 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, 2022
Transactions value $: -$16,486
Form type: 4
Date filed: 12/19/2022, 03:36 PM
Previous filing: Dec 28, 2021
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CIM	Common Stock	Tax liability	-$16.5K	-2.62K	-12.51%	$6.29	18.3K	Dec 15, 2022	Direct	F1, F2
holding	CIM	Series B Preferred Stock						5.8K	Dec 15, 2022	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares reported were withheld for payment of taxes associated with the vesting of prior grants of RSUs.
F2	Includes shares of the common stock of Chimera Investment Corporation ("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. 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.

Content

Shares reported were withheld for payment of taxes associated with the vesting of prior grants of RSUs.

Includes shares of the common stock of Chimera Investment Corporation ("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. 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.