4//SEC Filing
Schreiber Jason K 4
Accession 0001498547-24-000085
CIK 0001498547other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 5:53 PM ET
Size
9.0 KB
Accession
0001498547-24-000085
Insider Transaction Report
Form 4
Schreiber Jason K
Director
Transactions
- Exercise/Conversion
Common Stock
2024-12-15+21,416.731→ 21,416.731 total - Exercise/Conversion
Restricted Stock Units
2024-12-15−42,833.462→ 85,666.925 total→ Common Stock (42,833.462 underlying)
Footnotes (3)
- [F1]On December 15, 2024, the reporting person acquired (i) 2,641.310 shares of the Issuer's common stock in connection with the vesting of 5,282.620 of the restricted stock units ("RSUs") originally granted to CIM Real Estate Finance Management, LLC (the "Manager") and assigned to the reporting person on a contingent basis on January 10, 2024, (ii) 10,565.240 shares of the Issuer's common stock in connection with the vesting of 21,130.481 of the RSUs originally granted to the Manager and assigned to the reporting person on a contingent basis on June 25, 2024, and (iii) 8,210.181 shares of the Issuer's common stock in connection with the vesting of 16,420.361 of the RSUs originally granted to the Manager and assigned to the reporting person on a contingent basis on December 9, 2024. Each vested RSU settled 50% in the Issuer's common stock and 50% in the cash value thereof.
- [F2]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.
- [F3]Represents (i) the remaining 10,565.241 restricted stock units originally granted to CIM Real Estate Finance Management, LLC and assigned to the reporting person on a contingent basis on January 10, 2024, which will vest in equal annual installments on December 15, 2025 and December 15, 2026, (ii) the remaining 42,260.961 restricted stock units originally granted to CIM Real Estate Finance Management, LLC and assigned to the reporting person on a contingent basis on June 25, 2024, which will vest in equal annual installments on December 15, 2025 and December 15, 2026, and (iii) the remaining 32,840.723 restricted stock units originally granted to CIM Real Estate Finance Management, LLC and assigned to the reporting person on a contingent basis on December 9, 2024, which will vest in equal annual installments on December 15, 2025 and December 15, 2026.
Documents
Issuer
CIM REAL ESTATE FINANCE TRUST, INC.
CIK 0001498547
Entity typeother
Related Parties
1- filerCIK 0001923525
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 5:53 PM ET
- Size
- 9.0 KB