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Creative Media & Community Trust Corporation — Director's Dealing 2019
Nov 13, 2019
6737_rns_2019-11-13_935bb04e-a29a-4632-8756-ec8b4d6b2525.pdf
Director's Dealing
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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
OMB APPROVAL OMB Number: 3235-0287 Estimated average burden
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP hours per response: 0.5 X
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
| * 1. Name and Address of Reporting Person Urban Partners II, LLC |
2. Issuer Name and Ticker or Trading Symbol CIM Commercial Trust Corp[ CMCT ] |
5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Last) (First) (Middle) |
3. Date of Earliest Transaction (Month/Day/Year) 11/07/2019 |
below) | Officer (give title | below) | Other (specify | ||||||||||||||
| 4700 WILSHIRE BLVD | 4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line) |
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| (Street) LOS ANGELES CA 90010 |
X | Form filed by One Reporting Person Form filed by More than One Reporting Person |
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| (City) | (State) (Zip) |
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | |||||||||||||||||||
| 2. Transaction 1. Title of Security (Instr. 3) Date (Month/Day/Year) |
2A. Deemed Execution Date, if any (Month/Day/Year) |
3. Transaction Code (Instr. 8) |
4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) |
Securities | 5. Amount of Beneficially Owned Following |
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) |
7. Nature of Indirect Beneficial Ownership |
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| Code | V | Amount | (A) or (D) |
Price | Reported | Transaction(s) (Instr. 3 and 4) |
(Instr. 4) | ||||||||||||
| Common Stock 11/07/2019 |
(1) J |
391,800 (1) |
D | \$0 (1) |
0 | D | |||||||||||||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
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| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security |
3. Transaction Date (Month/Day/Year) |
3A. Deemed if any |
Execution Date, (Month/Day/Year) |
4. 8) |
Transaction Code (Instr. Code V |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) (A) (D) |
Expiration Date (Month/Day/Year) Exercisable |
6. Date Exercisable and Expiration |
7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) or of Date Title Shares |
Amount Number |
8. Price of Derivative Security (Instr. 5) |
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Explanation of Responses:
- Urban Partners II, LLC ("Urban Partners II") transferred 391,800 shares of common stock on November 7, 2019 to a member (the "Redeeming Party") of CIM Urban REIT, LLC ("CIM Urban REIT"), a member of Urban Partners II, in exchange for the assignment by the Redeeming Party of all of its equity interests in CIM Urban REIT to, and the subsequent cancellation of such equity interests by, CIM Urban REIT. Such distributed common stock reflected the Redeeming Party's pro rata ownership interests in the common stock held by Urban Partners II.
/s/ David Thompson 11/12/2019
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.