Nathan David DeBacker - 15 Dec 2024 Form 4 Insider Report for CIM REAL ESTATE FINANCE TRUST, INC. (CMRF)

Role
Officer
Signature
/s/ Nathan D. DeBacker
Issuer symbol
CMRF
Transactions as of
15 Dec 2024
Net transactions value
$0
Form type
4
Filing time
17 Dec 2024, 17:52:56 UTC
Previous filing
14 Nov 2024
Next filing
16 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMRF Common Stock Options Exercise +9,245 9,245 15 Dec 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CMRF Restricted Stock Units Options Exercise $0 -18,489 -22% $0.000000 65,714 15 Dec 2024 Common Stock 18,489 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 15, 2024, the reporting person acquired 9,244.585 shares of the Issuer's common stock in connection with the vesting of 18,489.171 of the restricted stock units originally granted to the reporting person on January 9, 2024 as an award under the Issuer's 2024 Manager Equity Incentive Plan. Each vested restricted stock unit settled 50% in the Issuer's common stock and 50% in the cash value thereof. The remaining 36,978.341 restricted stock units granted to the reporting person on January 9, 2024 will vest in equal annual installments on December 15, 2025 and December 15, 2026. As such restricted stock units vest, the awards will be 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 the remaining 36,978.341 restricted stock units originally granted to the reporting person on January 9, 2024, which will vest in equal annual installments on December 15, 2025 and December 15, 2026, and the 28,735.63 restricted stock units originally granted to the reporting person on November 12, 2024 as an award under the Issuer's 2024 Manager Equity Incentive Plan, which will vest in three equal annual installments beginning on June 30, 2025.