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Creative Media & Community Trust Corporation Director's Dealing 2016

Sep 16, 2016

6737_dirs_2016-09-16_68f88302-87fb-4adc-99cf-24d73634df82.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIM Commercial Trust Corp (CMCT)
CIK: 0000908311
Period of Report: 2016-09-14

Reporting Person: Kuba Shaul (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-09-14 Common Stock D 3628116 $22.00 Disposed 82270023 Indirect

Footnotes

F1: Urban Partners II, LLC sold 3,628,116 shares of common stock to the issuer in a privately negotiated transaction. The reporting person was deemed to have a pecuniary interest in 10,245 of such shares. The reporting person's disposition was approved in accordance with Rule 16b-3(e).

F2: 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.

F3: These shares are owned directly by CIM Service Provider, LLC, Urban Partners II, LLC and The Kuba Family Trust. The reporting person, together with Richard Ressler and Avraham Shemesh, is a control person of CIM Holdings, Inc., which is the sole managing member of CIM Group, LLC, which is the sole equity member of CIM Service Provider, LLC and the sole managing member of Urban Partners II, LLC. The reporting person is the grantor of The Kuba Family Trust. The reporting person, CIM Holdings, Inc. and CIM Group, LLC may be deemed to indirectly beneficially own 353,944 shares through the holdings of CIM Service Provider, LLC and indirectly beneficially own 81,900,466 shares through the holdings of Urban Partners II, LLC. The reporting person is the indirect beneficial owner of 15,613 shares through the holdings of The Kuba Family Trust.

F4: 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.