0001179110-14-011731.txt : 20140714 0001179110-14-011731.hdr.sgml : 20140714 20140714210654 ACCESSION NUMBER: 0001179110-14-011731 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140710 FILED AS OF DATE: 20140714 DATE AS OF CHANGE: 20140714 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CIM Commercial Trust Corp CENTRAL INDEX KEY: 0000908311 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 756446078 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 17950 PRESTON RD STREET 2: SUITE 600 CITY: DALLAS STATE: TX ZIP: 75252 BUSINESS PHONE: 972-349-3200 MAIL ADDRESS: STREET 1: 17950 PRESTON RD STREET 2: SUITE 600 CITY: DALLAS STATE: TX ZIP: 75252 FORMER COMPANY: FORMER CONFORMED NAME: PMC COMMERCIAL TRUST /TX DATE OF NAME CHANGE: 19950111 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RESSLER RICHARD S CENTRAL INDEX KEY: 0000904290 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13610 FILM NUMBER: 14974531 MAIL ADDRESS: STREET 1: C/O J2 GLOBAL COMMUNICATIONS, INC. STREET 2: 6922 HOLLYWOOD BLVD, 5TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90028 4 1 edgar.xml FORM 4 - X0306 4 2014-07-10 0 0000908311 CIM Commercial Trust Corp CMCT 0000904290 RESSLER RICHARD S 6922 HOLLYWOOD BLVD NINTH FLOOR LOS ANGELES CA 90028 1 0 1 0 Common Stock 2014-07-10 4 P 0 2900 21.6803 A 220824 I See footnote Common Stock 2014-07-10 4 P 0 100000 25 A 320824 I See footnote Common Stock 2014-07-11 4 P 0 1500 21.72 A 322324 I See footnote Common Stock 95440000 I See footnote These purchases were effected pursuant to a Rule 10b5-1 trading plan adopted by CIM Service Provider, LLC on January 29, 2014. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.28 to $21.85, 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) and (5). The 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. These shares are owned directly by CIM Service Provider, LLC. The reporting person, together with Shaul Kuba 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 322,324 shares, subject to footnote (3) herein. These shares are owned directly by Urban Partners II, LLC. The reporting person, together with Shaul Kuba 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. The number reported in this Column has been adjusted to reflect (a) the conversion of the Series A Convertible Preferred Shares owned by Urban Partners II, LLC on April 28, 2014 and (b) a 1-for-5 reverse stock split that became effective on April 29, 2014. This purchase will be made pursuant to the terms of the Settlement Agreement, dated as of January 28, 2014, by and among CIM Commercial Trust Corporation, CIM Urban REIT, LLC, Southfork Merger Sub, LLC, REIT Redux LP, and the other parties thereto. /s/ Eric Rubenfeld, attorney in fact 2014-07-14