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 |
Avraham Shemesh is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
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 serves as President and Treasurer of CIM Income NAV Management, LLC. The reporting person, Richard S. Ressler 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. |