SEC Form 4 · accession 0001140361-16-053948
CHIMERA INVESTMENT CORP · CIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert S Colligan
Officer — Chief Financial Officer
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 5:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001409493
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Feb 16, 2016 | A | 25,370 | $0.00 | A | 77,458 | D | |
| Common StockF3 | Feb 16, 2016 | A | 7,570 | $0.00 | A | 85,028 | D | |
| Common StockF4 | Feb 17, 2016 | F | 4,769 | $12.14 | D | 80,259 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of Chimera common stock underlying restricted stock units ("RSUs"). The RSUs are scheduled to vest one-third per year on the first, second and third anniversaries of the grant date and shall be settled 100% in shares of Chimera common stock. The reporting person does not intend to report the vesting of the RSUs nor the delivery of the shares of common stock.
- F2The reporting person elected to defer 50% of the share settlement of this award until the earlier of separation of service or January 31, 2021.
- F3Each RSU has the economic equivalent of one share of Chimera common stock.
- F4Shares reported were withheld for payment of taxes associated with the vesting of approximately one-third of a grant of restricted stock originally made on February 2, 2015.