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Creative Media & Community Trust Corporation — Director's Dealing 2019
Sep 22, 2019
6737_rns_2019-09-22_840d6661-62f9-4474-a967-064ea3457faa.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 hours per response: 0.5
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
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) Director |
X | 10% Owner | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Last) | (First) (Middle) |
3. Date of Earliest Transaction (Month/Day/Year) 09/17/2019 |
below) | Officer (give title | below) | Other (specify | |||||||||||||
| 4700 WILSHIRE BLVD (Street) LOS ANGELES CA 90010 |
4. If Amendment, Date of Original Filed (Month/Day/Year) | Line) X |
6. Individual or Joint/Group Filing (Check Applicable Form filed by One Reporting Person |
||||||||||||||||
| (City) | (State) | (Zip) | Form filed by More than One Reporting Person |
||||||||||||||||
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | |||||||||||||||||||
| 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) |
2A. Deemed Execution Date, if any (Month/Day/Year) |
3. Transaction Code (Instr. and 5) 8) |
4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 |
Owned | 5. Amount of Securities Beneficially |
(D) or Indirect (I) (Instr. 4) |
6. Ownership Form: Direct |
7. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | Amount | (A) or (D) |
Price | Following Reported Transaction(s) (Instr. 3 and 4) |
||||||||||||||
| Common Stock 09/17/2019 |
(1) 783,614 J |
(1) | D | \$0 (2) |
2,860,190 | D | |||||||||||||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned | (e.g., puts, calls, warrants, options, convertible securities) | ||||||||||||||||||
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security |
3. Transaction Date (Month/Day/Year) |
3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
|||||||
| Code | V | (A) | (D) | Date Exercisable |
Expiration Date |
Title | or of |
Amount Number Shares |
Explanation of Responses:
- On September 3, 2019, CIM Commercial Trust Corporation effected a 1-for-3 reverse stock split (the "Reverse Stock Split") of its common stock. The share information contained herein reflects the effect of the Reverse Stock Split. Urban Partners II, LLC ("Urban Partners II") transferred 783,614 shares of common stock on September 17, 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. 2. Please see footnote 1 above
/s/ David Thompson 09/19/2019
** Signature of Reporting Person Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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