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Creative Media & Community Trust Corporation — Director's Dealing 2021
Jun 30, 2021
6737_rns_2021-06-30_43511279-327e-4315-b201-05b8a58589c5.pdf
Director's Dealing
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| SEC Form 4 FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
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| OMB APPROVAL | |||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP | ||||||||
| Instruction 1(b). | Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
hours per response: 0.5 |
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| 1. Name and Address of Reporting Person* Thompson David Andrew |
2. Issuer Name and Ticker or Trading Symbol CIM Commercial Trust Corp [ CMCT ] |
(Check all applicable) Director Officer (give title X |
5. Relationship of Reporting Person(s) to Issuer 10% Owner Other (specify |
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| (Last) 17950 PRESTON ROAD SUITE 600 |
(First) | (Middle) | 3. Date of Earliest Transaction (Month/Day/Year) 06/25/2021 |
below) | below) Chief Executive Officer |
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| (Street) | 4. If Amendment, Date of Original Filed (Month/Day/Year) | Line) | 6. Individual or Joint/Group Filing (Check Applicable | ||||||
| DALLAS | TX | 75252 | X | Form filed by One Reporting Person Form filed by More than One Reporting Person |
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| (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 |
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code V | Amount | (A) or (D) |
Price | Transaction(s) (Instr. 3 and 4) |
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| Common Stock | 06/25/2021 | O | 12,500(1)(2) | A | \$9.25 | 20,000 | 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. Code (Instr. 8) |
Transaction | 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 |
10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code V | (A) (D) | Date Exercisable |
Expiration Date |
Title | Amount or Number of Shares |
Transaction(s) (Instr. 4) |
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| Subscription Rights (right to buy) |
\$9.25 | 06/25/2021 | O | 7,500(1) | 06/11/2021 | 06/23/2021 Common | Stock | 7,500(1)(2) | \$0 | 0 | D |
Explanation of Responses:
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On June 10, 2021, the issuer commenced a rights offering pursuant to which the issuer distributed non transferable subscription rights (the "Subscription Rights") to holders of record of its common stock as of 4:00 p.m., New York Time, on June 11, 2021. Each eligible recordholder received one Subscription Right for each share of common stock held of record by such holder as of the record date. Each Subscription Right entitled its holder, subject to certain limitations and conditions, to purchase one share of common stock at a subscription price of \$9.25 per share. Holders of Subscription Rights that exercised in full such basic subscription rights were entitled, subject to certain limitations and conditions, to oversubscribe for additional shares of common stock that remained unsubscribed for in the rights offering. The rights offering expired on June 23, 2021 and the Company announced the results of the offering on June 25, 2021.
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The reporting person exercised in full his Subscription Rights, and exercised oversubscription rights in respect of, and was allocated, an additional 5,000 shares of common stock.
/s/ David Thompson 06/29/2021
** 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.