Key facts
- This page summarizes Nathan David DeBacker's Form 4 filing for CIM Commercial Trust Corp (CMCT).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 29 Jun 2021, 20:18.
Nathan David DeBacker - 25 Jun 2021 Form 4 Insider Report for CIM Commercial Trust Corp (CMCT)
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- CMCT
- Reported as of
- 25 Jun 2021
- Net transaction value
- +$27,750
- SEC form
- 4
- Accepted by SEC
- 29 Jun 2021, 20:18:51 UTC
- Next SEC filing
- 11 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Nathan D. DeBacker
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Nathan David DeBacker filed Form 4 for CIM Commercial Trust Corp (CMCT) on 29 Jun 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: +$27,750.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CMCT
transaction
Common Stock
Exercise of out-of-the-money derivative security
- Transaction value
- $27,750
- Shares
- +3,000
- Change %
- +100%
- Price
- $9.25
- Shares after
- 6,000
- Date
- 25 Jun 2021
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CMCT
transaction
Derivative
Subscription Rights (right to buy)
Exercise of out-of-the-money derivative security
- Transaction value
- $0
- Shares
- -3,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 25 Jun 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,000
- Exercise price
- $9.25
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
On June 10, 2021, the issuer commenced a rights offering pursuant to which the issuer distributed non transferable subscription rights (the "Subscription Rights") to holders of record of its common stock as of 4:00 p.m., New York Time, on June 11, 2021. Each eligible recordholder received one Subscription Right for each share of common stock held of record by such holder as of the record date. Each Subscription Right entitled its holder, subject to certain limitations and conditions, to purchase one share of common stock at a subscription price of $9.25 per share. Holders of Subscription Rights that exercised in full such basic subscription rights were entitled, subject to certain limitations and conditions, to oversubscribe for additional shares of common stock that remained unsubscribed for in the rights offering. The rights offering expired on June 23, 2021 and the Company announced the results of the offering on June 25, 2021.
Footnote F2
The reporting person exercised in full his Subscription Rights.