W. Brian Kretzmer - 01 Apr 2022 Form 4/A - Amendment Insider Report for CIM REAL ESTATE FINANCE TRUST, INC. (CMRF)

Role
Director
Signature
/s/ Laura Eichelsderfer, as Attorney-in-fact
Issuer symbol
CMRF
Transactions as of
01 Apr 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
11 Oct 2022, 12:19:43 UTC
Date Of Original Report
04 Oct 2022
Previous filing
16 Dec 2021
Next filing
10 May 2022
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 $0 +3,482 +6.3% $0.000000 58,790 01 Apr 2022 Direct F1
transaction CMRF Common Stock Award $0 +11,111 +18% $0.000000 72,377 01 Oct 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The valuation, compensation and affiliate transactions committee and the board of directors, following the approval of the revised compensation program for independent directors, approved the issuance to each independent member of the board of directors of an additional equity award under the Equity Plan on April 1, 2022 that vested on October 1, 2022, representing the difference in value between such director's October 1, 2021 equity award and $80,000, calculated based on the NAV per share on April 1, 2022, and prorated for the remaining days between April 1, 2022 and September 30, 2022.
F2 On October 1, 2022, as part of the annual retainers paid to the Issuer's independent directors and pursuant to the Issuer's 2022 Equity Incentive Plan, Mr. Kretzmer was granted 11,111.111 shares of the Issuer's restricted common stock. The shares of restricted common stock will vest on October 1, 2023.
F3 Includes 2,475.943 shares of common stock Mr. Kretzmer acquired through the Issuer's distribution reinvestment plan.

Remarks:

This amended Form 4 is being filed to correct the reporting person's Form 4 filed on October 4, 2022. This amendment corrects the number of beneficially owned shares following the reported transaction from 72,477.165 to 72,377.165 and the number of shares of common stock acquired through the Issuer's distribution reinvestment plan from 2,575.973 to 2,475.973