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Creative Media & Community Trust Corporation Director's Dealing 2021

Jul 11, 2021

6737_rns_2021-07-11_7517ec15-e67b-439f-b631-cade304d3a7a.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).

7/9/2021 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 *
CIM Capital, LLC
2. Issuer Name and Ticker or Trading Symbol
CIM Commercial Trust Corporation [CMCT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_ Director
___ 10% Owner
(Last)
4700 Wilshire Blvd
(First) (Middle) 3. Date of Earliest Transaction (Month/Day/Year)
07/07/2021
_ Officer (give title below)
X__ Other (specify below)
Member of 10% owner group
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)
2A. Deemed
Execution Date, if
any
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)
6.
Ownership
Form:
7. Nature
of Indirect
Beneficial
(Month/Day/Year) Code V Amount (A)
or
(D)
Price (Instr. 3 and 4) Direct (D)
or Indirect
(I)
(Instr. 4)
Ownership
(Instr. 4)
Series A Preferred Shares
07/07/2021
P 89,338(1) A \$25 376,537 D

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 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)
Amount
or
Date Expiration Title Number
Exercisable Date of
Code V (A) (D) Shares

Reporting Owners

Relationships
Reporting Owner Name / Address Director 10% Owner Officer Other
CIM Capital, LLC
4700 Wilshire Blvd
Member of 10% owner group
Los Angeles, CA 90010

Signatures

/s/ David Thompson, Vice President 07/09/2021

**Signature of Reporting Person Date

Explanation of Responses:

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7/9/2021 Ownership Submission

* 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 reporting person received 89.338 shares of Series A Preferred Stock from the Issuer as payment for the obligation of CIM Urban Partners, L.P. ("CIM Urban"), a whollyowned indirect subsidiary of the Issuer, to pay the reporting person a management fee in respect of the first fiscal quarter of 2021 pursuant to the investment management agreement between the reporting person and CIM Urban.

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.