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

Jun 30, 2021

SEC Form 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Washington, D.C. 20549

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5

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* BECH DOUGLAS Y						2. Issuer Name and Ticker or Trading Symbol CIM Commercial Trust Corp [ CMCT ]									5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
														X	Director			10% Owner
									Officer (give title below)			Other (specify below)
(Last) (First) (Middle)						3. Date of Earliest Transaction (Month/Day/Year) 06/25/2021
4700 WILSHIRE BLVD
(Street)					4. If Amendment, Date of Original Filed (Month/Day/Year)										6. Individual or Joint/Group Filing (Check Applicable Line)
LOS ANGELES CA 90010															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
2. Transaction 1. Title of Security (Instr. 3)					2A. Deemed				3. 4. Securities Acquired (A) or					5. Amount of		6. Ownership		7. Nature of
Date				(Month/Day/Year)			Execution Date, if any (Month/Day/Year)		Transaction Code (Instr. 8)		Disposed Of (D) (Instr. 3, 4 and 5)				Securities Following	Beneficially Owned		Form: Direct (D) or Indirect (I) (Instr. 4)	Indirect Beneficial Ownership
									Code V		Amount	(A) or (D)		Price	Reported Transaction(s) (Instr. 3 and 4)				(Instr. 4)
Common Stock					06/25/2021				O		17,852(1)(2) A		\$9.25		35,704		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)		Expiration Date (Month/Day/Year)		6. Date Exercisable and 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 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	Date	Expiration	Title		Amount or Number of Shares		(Instr. 4)
Subscription Rights (right to buy)	\$9.25	06/25/2021		O			17,852(1)		06/11/2021		06/23/2021 Common	Stock		17,852(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.

/s/ David Thompson, attorney in	06/29/2021
fact

** 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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