Subramaniam Viswanathan - Mar 27, 2023 Form 4 Insider Report for CHIMERA INVESTMENT CORP (CIM)

Signature
/s/ Subramaniam Viswanathan
Stock symbol
CIM
Transactions as of
Mar 27, 2023
Transactions value $
$0
Form type
4
Date filed
3/29/2023, 04:30 PM
Previous filing
Feb 9, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIM Common Stock Award $0 +105K +160.97% $0.00 170K Mar 27, 2023 Direct F1, F2, F3
* 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"). 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 Each RSU has the economic equivalent of one share of Chimera common stock.
F3 The reporting person elected to defer share settlement until separation of service (such deferred share units are herein referred to as "DSUs"). Dividend equivalent rights ("DERs') issued on RSUs 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.