SEC Form 4 · accession 0001157523-19-000399
CHIMERA INVESTMENT CORP · CIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Choudhary Yarlagadda
Officer — Chief Operating Officer
Period of report
Feb 16, 2019
Accepted (ET)
Feb 20, 2019 · 5:31 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,F4 | Feb 16, 2019 | A | 56,819 | $0.00 | A | 306,368 | D | |
| Common Stock | Feb 16, 2019 | A | 107,274 | $0.00 | A | 413,642 | D | |
| Common StockF6 | Feb 16, 2019 | F | 5,743 | $18.52 | D | 407,899 | D | |
| Common StockF7 | holding | — | — | — | 317,446 | I | By Spouse |
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 share settlement until separation of service (such deferred share units are herein referred to as "DSUs").
- F3Each RSU has the economic equivalent of one share of Chimera common stock.
- F4Dividend equivalent rights ("DERs") issued on RSUs and DSUs are included in the reporting person's common stock holding balance. Each DER is the economic equivalent of one share of Chimera common stock.
- F5Represents shares of Chimera common stock underlying performance share units ("PSUs"), and accrued DERs, that vested on February 16, 2019.
- F6Shares reported were withheld for payment of taxes associated with the vesting of prior grants of RSUs and PSUs.
- F7The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.