Richard S. Ressler - Dec 16, 2021 Form 4 Insider Report for CIM INCOME NAV, INC. (NONE)

Role
CEO & President, Director
Signature
/s/ Richard S. Ressler
Stock symbol
NONE
Transactions as of
Dec 16, 2021
Transactions value $
$0
Form type
4
Date filed
12/16/2021, 12:05 PM
Previous filing
Dec 3, 2021
Next filing
May 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock (Class D) Disposed to Issuer -13.3K -100% 0 Dec 16, 2021 By CIM Income NAV Management, LLC F1, F2
transaction NONE Common Stock (Class I) Disposed to Issuer -196K -100% 0 Dec 16, 2021 By CIM Income NAV Management, LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Richard S. Ressler is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to merger agreement between the issuer, CIM Real Estate Finance Trust, Inc. ("CMFT") and Cypress Merger Sub, LLC in exchange for an aggregate of 548,924.83 shares of Common Stock of CMFT having a net asset value of $7.20 per share on the effective date of the merger.
F2 The reported shares are owned directly by CIM Income NAV Management, LLC. The reporting person, Avraham Shemesh and Shaul Kuba may be deemed to beneficially own the shares owned by CIM Income NAV Management, LLC because of their positions with CIM Group, LLC, which is the sole common equity member of CCO Group, LLC, which owns and controls CIM Income NAV Management, 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.