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Creative Media & Community Trust Corporation Director's Dealing 2017

Dec 20, 2017

6737_dirs_2017-12-20_6542c640-8c44-4026-98cd-f3ce9c6f05d0.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: 2017-12-18

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-12-18 Common Stock D 14090909 $22 Disposed 41997296 Indirect

Footnotes

F1: Urban Partners II, LLC sold 14,090,909 shares of common stock to the issuer in a privately negotiated transaction. The reporting person was deemed to have a pecuniary interest in 39,788 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 Urban Partners II, LLC, CIM Service Provider, LLC and The Kuba Family Trust. CIM Group, LLC is the sole equity member of CIM Service Provider, LLC and the sole manager of CIM Urban Partners GP, LLC, which in turn is the sole managing member of Urban Partners II, LLC. The reporting person, Richard Ressler and Avraham Shemesh may be deemed to beneficially own the 41,627,739 shares owned by Urban Partners II, LLC and the 353,944 shares owned by CIM Service Provider, LLC because of their positions with CIM Group, LLC. The reporting person, the grantor of The Kuba Family Trust, is the indirect beneficial owner of 15,613 shares through the holdings of The Kuba Family Trust.