Phillip John Kardis II - Jan 1, 2023 Form 4 Insider Report for CHIMERA INVESTMENT CORP (CIM)

Role: Chief Executive Officer, Director
Signature: /s/ Phillip J. Kardis II
Stock symbol: CIM
Transactions as of: Jan 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/4/2023, 03:31 PM
Previous filing: Feb 8, 2022
Next filing: Feb 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CIM	Common Stock	Award	$0	+20.2K	+6.96%	$0.00	310K	Jan 1, 2023	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents vesting of shares of Chimera common stock underlying performance stock units ("PSUs") and the dividend equivalent rights ("DERs") accrued on such PSUs since the grant date. Each PSU has the economic equivalent of one share of Chimera common stock. The reporting person elected to defer share settlement until separation of service (such deferred share units are referred to as "DSUs") and does not intend to report the actual delivery of such DSUs.
F2	Dividend equivalent rights ("DERs') issued on RSUs, PSUs and DSUs 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

Represents vesting of shares of Chimera common stock underlying performance stock units ("PSUs") and the dividend equivalent rights ("DERs") accrued on such PSUs since the grant date. Each PSU has the economic equivalent of one share of Chimera common stock. The reporting person elected to defer share settlement until separation of service (such deferred share units are referred to as "DSUs") and does not intend to report the actual delivery of such DSUs.

Dividend equivalent rights ("DERs') issued on RSUs, PSUs and DSUs are included in the reporting person's common stock holding balance. Each DER is the economic equivalent of one share of Chimera common stock.