RESSLER RICHARD S 4
4 · CIM REAL ESTATE FINANCE TRUST, INC. · Filed Jan 11, 2024
Insider Transaction Report
Form 4
RESSLER RICHARD S
DirectorCEO & President
Transactions
- Award
Restricted Stock Units
2024-01-09+2,221,870.048→ 2,221,870.048 total(indirect: By LLC)→ Common Stock (2,221,870.048 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, payable 50% in the Issuer's common stock and 50% in the cash value thereof.
- [F2]The restricted stock units vest in three equal annual installments beginning on December 15, 2024.
- [F3]The reported shares are owned directly by CIM Real Estate Finance Management, LLC. The reporting person, Avraham Shemesh and Shaul Kuba may be deemed to beneficially own the shares owned by CIM Real Estate Finance Management, LLC because of their positions with CIM Group, LLC, which is the sole common equity member of CCO Group, LLC, which owns and controls CIM Real Estate Finance Management, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.