Creative Media & Community Trust Corporation — Director's Dealing 2014

Mar 11, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PMC COMMERCIAL TRUST /TX (PMCT)
CIK: 0000908311
Period of Report: 2014-03-11

Reporting Person: Urban Partners II, LLC (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares of Beneficial Interest	22000003	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class A Convertible Cumulative Pref Shares of Bnfcl Interest	$		Common Shares of Beneficial Interest (455199997)		Direct

Footnotes

F1: 65,028,571 Class A convertible cumulative preferred shares of beneficial interest were acquired on March 11, 2014 and each preferred share will automatically convert into seven common shares of beneficial interest on the first business day on which there are sufficient authorized but unissued shares under the Issuer's declaration of trust to convert all of these shares into common shares of beneficial interest. The conversion feature has no expiration date.