SEC Form 4 · accession 0001140361-18-027140
CHIMERA INVESTMENT CORP · CIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Donlin
Director
Period of report
May 31, 2018
Accepted (ET)
Jun 4, 2018 · 4:56 pm EDT
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 StockF1,F2 | May 31, 2018 | A | 4,221 | $18.02 | A | 173,975 | D | |
| Common StockF1,F4 | Jun 1, 2018 | A | 11,205 | $0.00 | A | 185,180 | D | |
| Common StockF5 | holding | — | — | — | 135,000 | I | By - Donlin Financial LLC | |
| Common Stock | holding | — | — | — | 4,000 | I | By - Donlin 2008 Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person has elected to defer the shares under the Company's Stock Deferral Plan until the earlier of January 31, 2026 or separation of service.
- F2Represents the average daily VWAP for the Company's common stock for the 20 consecutive trading days ending on the trading day immediately prior to the grant date, May 31, 2018.
- F3Represents shares of Chimera common stock underlying restricted stock units ("RSUs"). The RSUs are scheduled to vest on the first anniversary 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.
- F4Each RSU has the economic equivalent of one share of Chimera common stock.
- F5Mr. Donlin is the managing member of Donlin Financial LLC and retains a 2% ownership interest. The remaining interests are owned by a grantor trust for the benefit of his children.