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

Jan 24, 2021

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

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

1/20/2021 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 * 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) 4700 Wilshire Blvd	(First)	(Middle)	3. Date of Earliest Transaction (Month/Day/Year) 01/21/2021						_____ Officer (give title below)	_____ Other (specify below)
	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
Los Angeles, CA 90010
(City)	(State)	(Zip)	Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Transaction 2A. Deemed 3. Transaction 4. Securities Acquired Date Execution Date, if Code (A) or Disposed of (D) (Month/Day/Year) any (Instr. 8) (Instr. 3, 4 and 5)			5. Amount of Securities 6. 7. Nature Beneficially Owned Following Ownership of Indirect Reported Transaction(s) Form: 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		01/21/2021		P		96,740(1) A			\$25 298,472(2)	I	See footnote (2)(2)

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
Kuba, Shaul 4700 Wilshire Blvd	X	X
Los Angeles, CA 90010

Signatures

/s/ David Thompson, attorney in fact	01/21/2021
**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)CIM Capital, LLC ("CIM Capital"), a wholly owned subsidiary of CIM Group, LLC, received 96,740 shares of Series A Preferred Stock from the Issuer as payment for the obligation of CIM Urban Partners, L.P. ("CIM Urban"), a wholly-owned indirect subsidiary of the Issuer, to pay CIM Capital a management fee in respect of the fourth quarter of 2020 pursuant to the investment management agreement between CIM Capital and CIM Urban.

(2)CIM Group, LLC is the sole equity member of CIM Capital. The reporting person, Richard Ressler and Avraham Shemesh may be deemed to beneficially own all of the shares of Series A Preferred Stock acquired from CIM Capital because of their positions with CIM Group, LLC. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of such 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.

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.