4//SEC Filing
Eppich Kelly 4
Accession 0001179110-21-007155
CIK 0000908311other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 8:16 PM ET
Size
7.8 KB
Accession
0001179110-21-007155
Insider Transaction Report
Form 4
Eppich Kelly
Director
Transactions
- Exercise Out-of-Money
Common Stock
2021-06-25$9.25/sh+23,252$215,081→ 46,504 total - Exercise Out-of-Money
Subscription Rights (right to buy)
2021-06-25−23,252→ 0 totalExercise: $9.25From: 2021-06-11Exp: 2021-06-23→ Common Stock (23,252 underlying)
Footnotes (2)
- [F1]TOn 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.
- [F2]The reporting person exercised in full his Subscription Rights.
Documents
Issuer
CIM Commercial Trust Corp
CIK 0000908311
Entity typeother
Related Parties
1- filerCIK 0001601854
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 8:16 PM ET
- Size
- 7.8 KB