Kelley Kortman - 15 Dec 2023 Form 4 Insider Report for CHIMERA INVESTMENT CORP (CIM)

Role: Principal Accounting Officer
Signature: /s/ Kelley Kortman
Issuer symbol: CIM
Transactions as of: 15 Dec 2023
Net transactions value: +$10,191
Form type: 4
Filing time: 19 Dec 2023, 16:30:55 UTC
Previous filing: 04 Jan 2023
Next filing: 03 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CIM	Common Stock	Tax liability	$10,191	+2,030	+5.4%	$5.02	39,859	15 Dec 2023	Direct	F1, F2
holding	CIM	Series B Preferred Stock						5,800	15 Dec 2023	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.