Jason K. Schreiber - 10 Jan 2024 Form 4 Insider Report for CIM REAL ESTATE FINANCE TRUST, INC. (CMRF)

Role
Director
Signature
/s/ Jason Schreiber
Issuer symbol
CMRF
Transactions as of
10 Jan 2024
Net transactions value
$0
Form type
4
Filing time
11 Jan 2024, 18:10:37 UTC
Previous filing
03 May 2022
Next filing
26 Jun 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CMRF Restricted Stock Units Award $0 +15,848 $0.000000 15,848 10 Jan 2024 Common Stock 15,848 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units are granted to CIM Real Estate Finance Management, LLC and are assigned to the reporting person on a contingent basis upon vesting. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, payable 50% in the Issuer's common stock and 50% in the cash value thereof.
F2 The restricted stock units vest in three equal annual installments beginning on December 15, 2024.