Richard S. Ressler - 01 Sep 2021 Form 4 Insider Report for CIM INCOME NAV, INC.

Role: CEO & President, Director
Signature: /s/ Richard S. Ressler
Issuer symbol: N/A
Transactions as of: 01 Sep 2021
Net transactions value: +$212,894
Form type: 4
Filing time: 02 Sep 2021, 19:34:03 UTC
Previous filing: 04 Aug 2021
Next filing: 13 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction		Common Stock (Class I)	Award	$212,894	+12,472	+9.2%	$17.07^*	147,377	01 Sep 2021	By CIM Income NAV Management, LLC	F1, F2
holding		Common Stock (Class D)						13,333	01 Sep 2021	By CIM Income NAV Management, LLC	F2

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

Explanation of Responses:

Id	Content
F1	On September 1, 2021, CIM Income NAV Management, LLC acquired 12,471.838 shares of the Issuer's Class I common stock, having a net asset value per share of $17.07, as payment for one-half of the monthly advisory fee for the month of July 2021 owed by the Issuer to CIM Income NAV Management, LLC, pursuant to the Second Amended and Restated Advisory Agreement between the Issuer and CIM Income NAV Management, LLC dated November 27, 2018.
F2	The reported shares are owned directly by Cole Real Estate Income Strategy (Daily NAV) Advisors, LLC. The reporting person, Avraham Shemesh and Shaul Kuba may be deemed to beneficially own the shares owned by Cole Real Estate Income Strategy (Daily NAV) Advisors, LLC because of their positions with CIM Group, LLC, which is the sole common equity member of CCO Group, LLC, which owns and controls Cole Real Estate Income Strategy (Daily NAV) Advisors, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Content

On September 1, 2021, CIM Income NAV Management, LLC acquired 12,471.838 shares of the Issuer's Class I common stock, having a net asset value per share of $17.07, as payment for one-half of the monthly advisory fee for the month of July 2021 owed by the Issuer to CIM Income NAV Management, LLC, pursuant to the Second Amended and Restated Advisory Agreement between the Issuer and CIM Income NAV Management, LLC dated November 27, 2018.

The reported shares are owned directly by Cole Real Estate Income Strategy (Daily NAV) Advisors, LLC. The reporting person, Avraham Shemesh and Shaul Kuba may be deemed to beneficially own the shares owned by Cole Real Estate Income Strategy (Daily NAV) Advisors, LLC because of their positions with CIM Group, LLC, which is the sole common equity member of CCO Group, LLC, which owns and controls Cole Real Estate Income Strategy (Daily NAV) Advisors, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.