Richard S. Ressler - Sep 14, 2021 Form 4 Insider Report for CIM Commercial Trust Corp (CMCT)

Role
Director, 10%+ Owner
Signature
/s/ David Thompson, attorney in fact
Stock symbol
CMCT
Transactions as of
Sep 14, 2021
Transactions value $
$294,824
Form type
4
Date filed
9/15/2021, 07:15 PM
Previous filing
Sep 13, 2021
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMCT Common Stock Purchase $149K +21.4K +58.81% $6.96 57.8K Sep 14, 2021 CIM Real Assets & Credit Fund F1, F3, F4
transaction CMCT Common Stock Purchase $146K +21.4K +37.03% $6.82 79.2K Sep 15, 2021 CIM Real Assets & Credit Fund F2, F3, F4
holding CMCT Common Stock 7.81M Sep 14, 2021 CIM Service Provider, LLC F4, F5
holding CMCT Common Stock 473K Sep 14, 2021 CIM Urban Sponsor, LLC F4, F5
holding CMCT Common Stock 614K Sep 14, 2021 CIM Capital, LLC F4, F5
holding CMCT Common Stock 123K Sep 14, 2021 See footnote (6) F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported reflects the weighted average price of shares purchased in the open market at prices ranging from $6.87 to $6.995 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 The price reported reflects the weighted average price of shares purchased in the open market at prices ranging from $6.76 to $6.89 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 CIM Capital IC Management, LLC, the investment advisor of CIM Real Assets & Credit Fund, is a wholly owned subsidiary of CIM Group, LLC.
F4 The reporting person may be deemed to beneficially own all of these shares because of his position with CIM Group, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F5 CIM Group, LLC is the sole equity member of the entity through which these shares are held.
F6 Shares are held by the subsidiary of a trust formed by the reporting person for the benefit of his family members for which the reporting person serves as trustee.