Avraham Shemesh - 16 Dec 2021 Form 4 Insider Report for CIM REAL ESTATE FINANCE TRUST, INC. (CMRF)

Role: Director
Signature: /s/ Avraham Shemesh
Issuer symbol: CMRF
Transactions as of: 16 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 16 Dec 2021, 12:20:43 UTC
Previous filing: 03 Dec 2021
Next filing: 10 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMRF	Common Stock	Award		+548,925			548,925	16 Dec 2021	By CIM Income NAV Management, LLC	F1, F2
holding	CMRF	Common Stock						20,000	16 Dec 2021	By CIM Real Estate Finance Management, LLC	F3
holding	CMRF	Common Stock						21,960	16 Dec 2021	By Cole Corporate Income Management III, LLC	F4
holding	CMRF	Common Stock						340,256	16 Dec 2021	By Cole REIT Management V, LLC	F5

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

Explanation of Responses:

Id	Content
F1	CIM Income NAV Management, LLC acquired 548,924.83 shares of the issuer's common stock pursuant to a merger between the issuer, CIM Income NAV, Inc. and Cypress Merger Sub, LLC. On the effective date of the merger, December 16, 2021, the net asset value of the issuer's common stock was $7.20 per share.
F2	The reporting person, Richard 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.
F3	The reporting person, Richard Ressler and Shaul Kuba may be deemed to beneficially own the shares owned by CIM Real Estate Finance 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 Real Estate Finance 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.
F4	The reporting person, Richard Ressler and Shaul Kuba may be deemed to beneficially own the shares owned by Cole Corporate Income Management III, 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 Corporate Income Management III, 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.
F5	The reporting person, Richard Ressler and Shaul Kuba may be deemed to beneficially own the shares owned by Cole REIT Management V, 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 REIT Management V, 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.