Kelley Kortman - Jan 1, 2024 Form 4 Insider Report for CHIMERA INVESTMENT CORP (CIM)

Role
Principal Accounting Officer
Signature
/s/ Kelley Kortman
Stock symbol
CIM
Transactions as of
Jan 1, 2024
Transactions value $
$0
Form type
4
Date filed
1/3/2024, 05:30 PM
Previous filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIM Common Stock Award $0 +29.3K +73.5% $0.00 69.2K Jan 1, 2024 Direct F1, F2, F3
holding CIM Series B Preferred Stock 5.8K Jan 1, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Chimera Investment Corporation common stock ("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 is the economic equivalent of one share of Chimera common stock.
F3 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.