SEC Form 4 · accession 0001179110-15-013867
Creative Media & Community Trust Corp · CMCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shaul Kuba
Director · 10% Owner
Period of report
Oct 1, 2015
Accepted (ET)
Oct 5, 2015 · 9:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000908311
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3,F7 | Oct 1, 2015 | P | 2,080 | $18.4362 | A | 2,080 | I | See footnote |
| Common StockF5,F3,F7 | Oct 2, 2015 | P | 844 | $19.6347 | A | 2,924 | I | See footnote |
| Commom StockF8,F3,F7 | Oct 5, 2015 | P | 112 | $19.92 | A | 3,036 | I | See footnote |
| Common StockF3,F4 | holding | — | — | — | 353,944 | I | See footnote | |
| Common StockF3,F6 | holding | — | — | — | 95,440,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The purchases reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by The Kuba Family Trust on September 14, 2015.
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.37 to $18.44, inclusive. The reporting person undertakes to provide to CIM Commercial Trust Corporation, any security holder of CIM Commercial Trust Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (2), (5) and (8).
- F3The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F4These shares are owned directly by CIM Service Provider, LLC. The reporting person, together with Richard Ressler and Avraham Shemesh, is a control person of CIM Holdings, Inc., which is the sole managing member of CIM Group, LLC, which is the sole equity member of CIM Service Provider, LLC. The reporting person, CIM Holdings, Inc. and CIM Group, LLC are indirect beneficial owners of 353,944 shares, subject to footnote (3) herein.
- F5The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $19.45 to $19.85, inclusive.
- F6These shares are owned directly by Urban Partners II, LLC. The reporting person, together with Richard Ressler and Avraham Shemesh, is a control person of CIM Holdings, Inc., which is the sole managing member of CIM Group, LLC, which is the sole manager of CIM Urban Partners GP LLC, which is the sole managing member of Urban Partners II, LLC. The reporting person, CIM Holdings, Inc., CIM Group, LLC and CIM Urban Partners GP, LLC are indirect beneficial owners of 95,440,000 shares, subject to footnote (3) herein.
- F7These shares are owned directly by The Kuba Family Trust. The reporting person is the grantor of The Kuba Family Trust.
- F8The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $19.9 to $19.95, inclusive.