Statement of Changes in Beneficial Ownership (4)
September 10 2021 - 7:07PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Shemesh Avraham |
2. Issuer Name and Ticker or Trading Symbol
CIM Commercial Trust Corp
[
CMCT
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
4700 WILSHIRE BLVD |
3. Date of Earliest Transaction
(MM/DD/YYYY)
9/9/2021 |
(Street)
LOS ANGELES, CA 90010
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 9/9/2021 | | P | | 13827 | A | $6.9332 (1) | 13827 | I | CIM Real Assets & Credit Fund (3)(4) |
Common Stock | 9/10/2021 | | P | | 9587 | A | $6.7883 (2) | 23414 | I | CIM Real Assets & Credit Fund (3)(4) |
Common Stock | | | | | | | | 7806121 | I | CIM Service Provider, LLC (4)(5) |
Common Stock | | | | | | | | 473033 | I | CIM Urban Sponsor, LLC (4)(5) |
Common Stock | | | | | | | | 613743 | I | CIM Capital, LLC (4)(5) |
Common Stock | | | | | | | | 45420 | I | See footnote (6) (6) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | The price reported reflects the weighted average price, rounded to the nearest cent, of shares purchased in the open market at prices ranging from $6.86 to $7.01 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
(2) | The price reported reflects the weighted average price, rounded to the nearest cent, of shares purchased in the open market at prices ranging from $6.77 to $6.90 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
(3) | CIM Capital IC Management, LLC, the investment advisor of CIM Real Assets & Credit Fund, is a wholly owned subsidiary of CIM Group, LLC. |
(4) | The reporting person may be deemed to beneficially own all of these shares because of his position with CIM Group, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. |
(5) | CIM Group, LLC is the sole equity member of the entity through which these shares are held. |
(6) | Shares held by The Shemesh Family Trust of which the reporting person was the grantor and the indirect beneficial owner. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Shemesh Avraham 4700 WILSHIRE BLVD LOS ANGELES, CA 90010 | X | X |
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Signatures
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/s/ David Thompson, attorney in fact | | 9/10/2021 |
**Signature of Reporting Person | Date |
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