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Creative Media & Community Trust Corporation Director's Dealing 2021

Sep 26, 2021

6737_rns_2021-09-26_ff8e244d-9724-49d0-adcd-fec68f6c3f7a.pdf

Director's Dealing

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FORM 4 Check this box if no longer subject to

Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

9/24/21, 2:24 PM Ownership Submission

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

(Print or Type Responses)
1. Name and Address of Reporting Person *
Shemesh, Avraham
2. Issuer Name and Ticker or Trading Symbol
CIM Commercial Trust Corporation [CMCT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director
X 10% Owner
(Last)
(First)
(Middle)
4700 Wilshire Blvd
3. Date of Earliest Transaction (Month/Day/Year)
09/23/2021
_____ Officer (give title below) _____ Other (specify below)
(Street)
Los Angeles, CA 90010
4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
___ 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
2. Transaction
(Instr. 3)
Date
(Month/Day/Year) any 2A. Deemed
Execution Date, if
(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)
7. Nature of
Indirect
Beneficial
Ownership
Code V Amount (A)
or
(D)
Price or Indirect
(I)
(Instr. 4)
(Instr. 4)
Common Stock 09/23/2021 P 13,144 A \$8.1852(1) 181,503 I CIM Real
Assets &
Credit
Fund(3)(4)
Common Stock 09/24/2021 P 27,091 A \$8.1173(2) 208,594 I CIM Real
Assets &
Credit
Fund(3)(4)
Common Stock 7,806,121 I CIM
Service
Provider,
LLC(4)(5)
Common Stock 473,033 I CIM
Urban
Sponsor,
LLC(4)(5)
Common Stock 613,743 I CIM
Capital,
LLC(4)(5)
Common Stock 45,420 I See
footnote
(6)(6)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

SEC 1474 (9-02)

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 control number.

(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. 3. Transaction 3A. Deemed 4. 5. 6. Date Exercisable 7. Title and 8. Price of 9. Number of 10. 11. Nature
Derivative Conversion
Date
Execution Date, if
Transaction Number and Expiration Date Amount of Derivative Derivative Ownership of Indirect
Security or Exercise (Month/Day/Year) any Code of (Month/Day/Year) Underlying Security Securities Form of Beneficial
(Instr. 3) Price of (Month/Day/Year) (Instr. 8) Derivative Securities (Instr. 5) Beneficially Derivative Ownership
Derivative Securities (Instr. 3 and Owned Security: (Instr. 4)
Security Acquired 4) Following Direct (D)
(A) or Reported or Indirect
Disposed Transaction(s) (I)
of (D) (Instr. 4) (Instr. 4)
(Instr. 3,
4, and 5)
Code V (A) (D) Date Expiration Title Amount

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9/24/21, 2:24 PM Ownership Submission

Exercisable Date or
Number
of
Shares

Reporting Owners

Relationships
Reporting Owner Name / Address Director 10% Owner Officer Other
Shemesh, Avraham
4700 Wilshire Blvd
X X
Los Angeles, CA 90010

Signatures

/s/ David Thompson, attorney in fact 09/24/2021

**Signature of Reporting Person Date

Explanation of Responses:

* 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).

(1)The price reported reflects the weighted average price, rounded to the nearest cent, of shares purchased in the open market at prices ranging from \$8.10 to \$8.25 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

(2)The price reported reflects the weighted average price, rounded to the nearest cent, of shares purchased in the open market at prices ranging from \$8.06 to \$8.16 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

(3)CIM Capital IC Management, LLC, the investment advisor of CIM Real Assets & Credit Fund, is a wholly owned subsidiary of CIM Group, LLC.

(4)The reporting person may be deemed to beneficially own all of these shares because of his position with CIM Group, LLC. 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.

(5)CIM Group, LLC is the sole equity member of the entity through which these shares are held.

(6)Shares held by The Shemesh Family Trust of which the reporting person was the grantor and the indirect beneficial owner.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

FORM 4 Check this box if no longer subject to Section 16. Form 4 or

Form 5 obligations may continue. See Instruction 1(b).

9/24/21, 2:48 PM Ownership Submission

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

(Print or Type Responses)
1. Name and Address of Reporting Person *
Kuba, Shaul
2. Issuer Name and Ticker or Trading Symbol
CIM Commercial Trust Corporation [CMCT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director
X 10% Owner
(Last)
(First)
(Middle)
4700 Wilshire Blvd
3. Date of Earliest Transaction (Month/Day/Year)
09/23/2021
_____ Officer (give title below) _____ Other (specify below)
(Street)
Los Angeles, CA 90010
4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
___ 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)
any
2A. Deemed
Execution Date, if
(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)
7. Nature of
Indirect
Beneficial
Ownership
Code V Amount (A)
or
(D)
Price or Indirect
(I)
(Instr. 4)
(Instr. 4)
Common Stock 09/23/2021 P 13,144 A \$8.1852(1) 181,503 I CIM Real
Assets &
Credit
Fund(3)(4)
Common Stock 09/24/2021 P 27,091 A \$8.1173(2) 208,594 I CIM Real
Assets &
Credit
Fund(3)(4)
Common Stock 7,806,121 I CIM
Service
Provider,
LLC(4)(5)
Common Stock 473,033 I CIM
Urban
Sponsor,
LLC(4)(5)
Common Stock 613,743 I CIM
Capital,
LLC(4)(5)
Common Stock 45,420 I See
footnote
(6)(6)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

SEC 1474 (9-02)

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 control number.

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 Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Expiration Title Amount

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9/24/21, 2:48 PM Ownership Submission

Exercisable Date or
Number
of
Shares

Reporting Owners

Relationships
Reporting Owner Name / Address Director 10% Owner Officer Other
Kuba, Shaul
4700 Wilshire Blvd
X X
Los Angeles, CA 90010

Signatures

/s/ David Thompson, attorney in fact 09/24/2021

**Signature of Reporting Person Date

Explanation of Responses:

* 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).

(1)The price reported reflects the weighted average price, rounded to the nearest cent, of shares purchased in the open market at prices ranging from \$8.10 to \$8.25 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

(2)The price reported reflects the weighted average price, rounded to the nearest cent, of shares purchased in the open market at prices ranging from \$8.06 to \$8.16 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

(3)CIM Capital IC Management, LLC, the investment advisor of CIM Real Assets & Credit Fund, is a wholly owned subsidiary of CIM Group, LLC.

(4)The reporting person may be deemed to beneficially own all of these shares because of his position with CIM Group, LLC. 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.

(5)CIM Group, LLC is the sole equity member of the entity through which these shares are held.

(6)Shares held by The Kuba Family Trust of which the reporting person was the grantor and the indirect beneficial owner.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

FORM 4 Check this box if no longer subject to Section 16. Form 4 or

Form 5 obligations may continue. See Instruction 1(b).

9/24/21, 2:26 PM Ownership Submission

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

(Print or Type Responses)
1. Name and Address of Reporting Person *
Ressler, Richard S
2. Issuer Name and Ticker or Trading Symbol
CIM Commercial Trust Corporation [CMCT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director
X 10% Owner
(Last)
(First)
(Middle)
4700 Wilshire Blvd
3. Date of Earliest Transaction (Month/Day/Year)
09/23/2021
_____ Officer (give title below) _____ Other (specify below)
(Street)
Los Angeles, CA 90010
4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
___ 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)
any
2A. Deemed
Execution Date, if
(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)
7. Nature of
Indirect
Beneficial
Ownership
Code V Amount (A)
or
(D)
Price or Indirect
(I)
(Instr. 4)
(Instr. 4)
Common Stock 09/23/2021 P 13,144 A \$8.1852(1) 181,503 I CIM Real
Assets &
Credit
Fund(3)(4)
Common Stock 09/24/2021 P 27,091 A \$8.1173(2) 208,594 I CIM Real
Assets &
Credit
Fund(3)(4)
Common Stock 7,806,121 I CIM
Service
Provider,
LLC(4)(5)
Common Stock 473,033 I CIM
Urban
Sponsor,
LLC(4)(5)
Common Stock 613,743 I CIM
Capital,
LLC(4)(5)
Common Stock 122,628 I See
footnote
(6)(6)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

SEC 1474 (9-02)

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 control number.

(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. 3. Transaction 3A. Deemed 4. 5. 6. Date Exercisable 7. Title and 8. Price of 9. Number of 10. 11. Nature
Derivative Conversion Date Execution Date, if Transaction Number and Expiration Date Amount of Derivative Derivative Ownership of Indirect
Security or Exercise (Month/Day/Year) any Code of (Month/Day/Year) Underlying Security Securities Form of Beneficial
(Instr. 3) Price of (Month/Day/Year) (Instr. 8) Derivative Securities (Instr. 5) Beneficially Derivative Ownership
Derivative Securities (Instr. 3 and Owned Security: (Instr. 4)
Security Acquired 4) Following Direct (D)
(A) or Reported or Indirect
Disposed Transaction(s) (I)
of (D) (Instr. 4) (Instr. 4)
(Instr. 3,
4, and 5)
Code V (A) (D) Date Expiration Title Amount

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9/24/21, 2:26 PM Ownership Submission

Exercisable Date or
Number
of
Shares

Reporting Owners

Relationships
Reporting Owner Name / Address Director 10% Owner Officer Other
Ressler, Richard S
4700 Wilshire Blvd
X X
Los Angeles, CA 90010

Signatures

/s/ David Thompson, attorney in fact 09/24/2021

**Signature of Reporting Person Date

Explanation of Responses:

* 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).

(1)The price reported reflects the weighted average price of shares purchased in the open market at prices ranging from \$8.10 to \$8.25 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

(2)The price reported reflects the weighted average price of shares purchased in the open market at prices ranging from \$8.06 to \$8.16 per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

(3)CIM Capital IC Management, LLC, the investment advisor of CIM Real Assets & Credit Fund, is a wholly owned subsidiary of CIM Group, LLC.

(4)The reporting person may be deemed to beneficially own all of these shares because of his position with CIM Group, LLC. 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.

(5)CIM Group, LLC is the sole equity member of the entity through which these shares are held.

(6)Shares are held by a subsidiary of a trust formed by the reporting person for the benefit of his family members for which the reporting person serves as trustee.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.