Sudhanshu Thakkar - 15 Dec 2023 Form 4 Insider Report for CHIMERA INVESTMENT CORP (CIM)

Role: Co-Chief Investment Officer
Signature: /s/ Sudhanshu Thakkar
Issuer symbol: CIM
Transactions as of: 15 Dec 2023
Net transactions value: -$4,874
Form type: 4
Filing time: 19 Dec 2023, 16:33:09 UTC
Previous filing: 29 Mar 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	$4,874	-971	-0.79%	$5.02	122,464	15 Dec 2023	Direct	F1, F2

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 (the "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 (the "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.