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Creative Media & Community Trust Corporation — Director's Dealing 2016
Jul 6, 2016
6737_dirs_2016-07-06_ee8059d3-5786-4686-9900-1fe53ddf2e5f.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: CIM Commercial Trust Corp (CMCT)
CIK: 0000908311
Period of Report: 2016-06-17
Reporting Person: RESSLER RICHARD S (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-17 | Common Stock | D | 9911418 | $21.00 | Disposed | 85882526 | Indirect |
Footnotes
F1: Urban Partners II, LLC sold 9,911,418 shares of common stock in a self tender offer by the issuer. The reporting person was deemed to have a pecuniary interest in 55,975 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 and Urban Partners II, LLC. The reporting person, together with Shaul Kuba 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, CIM Holdings, Inc. and CIM Group, LLC are indirect beneficial owners of 353,944 shares through the holdings of CIM Service Provider, LLC and indirect beneficial owners of 85,528,582 shares through the holdings of Urban Partners II, LLC.
F4: This amendment to the original Form 4 filed on June 21, 2016 is solely to amend footnote 1 above.