Jason Schreiber - Dec 15, 2024 Form 4 Insider Report for CIM REAL ESTATE FINANCE TRUST, INC. (NONE)

Role
Director
Signature
/s/ Jason Schreiber
Stock symbol
NONE
Transactions as of
Dec 15, 2024
Transactions value $
$0
Form type
4
Date filed
12/17/2024, 05:53 PM
Previous filing
Dec 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Options Exercise +21.4K 21.4K Dec 15, 2024 Direct F1

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 NONE Restricted Stock Units Options Exercise $0 -42.8K -33.33% $0.00 85.7K Dec 15, 2024 Common Stock 42.8K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 15, 2024, the reporting person acquired (i) 2,641.310 shares of the Issuer's common stock in connection with the vesting of 5,282.620 of the restricted stock units ("RSUs") originally granted to CIM Real Estate Finance Management, LLC (the "Manager") and assigned to the reporting person on a contingent basis on January 10, 2024, (ii) 10,565.240 shares of the Issuer's common stock in connection with the vesting of 21,130.481 of the RSUs originally granted to the Manager and assigned to the reporting person on a contingent basis on June 25, 2024, and (iii) 8,210.181 shares of the Issuer's common stock in connection with the vesting of 16,420.361 of the RSUs originally granted to the Manager and assigned to the reporting person on a contingent basis on December 9, 2024. Each vested RSU settled 50% in the Issuer's common stock and 50% in the cash value thereof.
F2 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.
F3 Represents (i) the remaining 10,565.241 restricted stock units originally granted to CIM Real Estate Finance Management, LLC and assigned to the reporting person on a contingent basis on January 10, 2024, which will vest in equal annual installments on December 15, 2025 and December 15, 2026, (ii) the remaining 42,260.961 restricted stock units originally granted to CIM Real Estate Finance Management, LLC and assigned to the reporting person on a contingent basis on June 25, 2024, which will vest in equal annual installments on December 15, 2025 and December 15, 2026, and (iii) the remaining 32,840.723 restricted stock units originally granted to CIM Real Estate Finance Management, LLC and assigned to the reporting person on a contingent basis on December 9, 2024, which will vest in equal annual installments on December 15, 2025 and December 15, 2026.