Creative Media & Community Trust Corporation — Director's Dealing 2021

Jun 30, 2021

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL OMB Number: 3235-0287

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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* CIM Urban Sponsor, LLC (Last) (First) (Middle) 4700 WILSHIRE BLVD.						2. Issuer Name and Ticker or Trading Symbol CIM Commercial Trust Corp [ CMCT ] 3. Date of Earliest Transaction (Month/Day/Year) 06/25/2021									5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title Other (specify X below) below) Member of 10% owner group
(Street) (City)	LOS ANGELES CA	(State)	90010 (Zip)		4. If Amendment, Date of Original Filed (Month/Day/Year)									X	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person 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) Date				2. Transaction (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)			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	(Instr. 3 and 4)
Common Stock					06/25/2021				O		316,305(1)(2)		A	\$9.25	473,033			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. 8)	Transaction Code (Instr.	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 Following Reported Transaction(s)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code V			(A) (D)	Date	Exercisable		Expiration Date	Title	Shares	Amount or Number of		(Instr. 4)
Subscription Rights (right to buy)	\$9.25	06/25/2021		O		156,728(1)			06/11/2021			06/23/2021 Common Stock		156,728(1)(2)	\$0		0	D

Explanation of Responses:

1. 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.

2. The reporting person exercised in full his Subscription Rights, and exercised oversubscription rights in respect of, and was allocated, an additional 159,577 shares of common stock.

/s/ David Thompson, Vice President	06/29/2021
** Signature of Reporting Person	Date

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