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Creative Media & Community Trust Corporation — Director's Dealing 2019
Aug 28, 2019
6737_rns_2019-08-28_075a2354-48f7-40cd-a5aa-79568110c650.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) |
||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (Last) | (First) | (Middle) | 3. Date of Earliest Transaction (Month/Day/Year) 08/23/2019 |
Director Officer (give title below) |
X | 10% Owner Other (specify below) |
||||
| 4700 WILSHIRE BLVD | 4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line) |
||||||||
| (Street) | X | Form filed by One Reporting Person | ||||||||
| LOS ANGELES CA | 90010 | Form filed by More than One Reporting Person |
||||||||
| (City) | (State) | (Zip) | ||||||||
| 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. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 08/23/2019 J (1) 235,071 (1) D \$0 (2) 11,519,113 D Common Stock 08/27/2019 J (1) 587,700 (1) D \$0 (2) 10,931,413 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
| 1. Title of | 2. | 3. Transaction | 3A. Deemed | 4. | 5. Number | 6. Date Exercisable and | 7. Title and | 8. Price | 9. Number of | 10. | 11. Nature | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Derivative | Conversion | Date | Execution Date, | Transaction | of | Expiration Date | Amount of of |
derivative | Ownership | of Indirect | |||||
| Security | or Exercise | (Month/Day/Year) | if any | Code (Instr. | Derivative | (Month/Day/Year) | Securities Derivative |
Securities | Form: | Beneficial | |||||
| (Instr. 3) | Price of | (Month/Day/Year) | 8) | Securities | Underlying | Security | Beneficially | Direct (D) | Ownership | ||||||
| Derivative | Acquired | Derivative (Instr. 5) |
Owned | or Indirect | (Instr. 4) | ||||||||||
| Security | (A) or | Security (Instr. | Following | (I) (Instr. | |||||||||||
| Disposed | 3 and 4) | Reported | 4) | ||||||||||||
| of (D) | Transaction(s) | ||||||||||||||
| (Instr. 3, 4 | (Instr. 4) | ||||||||||||||
| and 5) | |||||||||||||||
| Amount | |||||||||||||||
| or | |||||||||||||||
| Number | |||||||||||||||
| Date | Expiration | of | |||||||||||||
| Code | V | (A) | (D) | Exercisable | Date | Title | Shares |
Explanation of Responses:
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Urban Partners II, LLC ("Urban Partners II") transferred 235,071 and 587,700 shares of common stock on August 23 and August 27, respectively, to certain members (collectively, the "Redeeming Parties") of CIM Urban REIT, LLC ("CIM Urban REIT"), a member of Urban Partners II, in exchange for the assignment by the Redeeming Parties of all of their respective 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 Parties' respective pro rata ownership interests in the common stock held by Urban Partners II.
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Please see footnote 1 above
/s/ David Thompson 08/27/2019
** 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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