0001179110-16-031959.txt : 20161122
0001179110-16-031959.hdr.sgml : 20161122
20161122163602
ACCESSION NUMBER: 0001179110-16-031959
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161121
FILED AS OF DATE: 20161122
DATE AS OF CHANGE: 20161122
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: Garner Charles E II
CENTRAL INDEX KEY: 0001617519
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13610
FILM NUMBER: 162013590
MAIL ADDRESS:
STREET 1: C/O CIM GROUP, LLC
STREET 2: 6922 HOLLYWOOD BLVD 9TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90028
4
1
edgar.xml
FORM 4 -
X0306
4
2016-11-21
0
0000908311
CIM Commercial Trust Corp
CMCT
0001617519
Garner Charles E II
4700 WILSHIRE BLVD
LOS ANGELES
CA
90010
0
1
0
0
Chief Executive Officer
Series A Preferred Shares
2016-11-21
4
P
0
20000
A
20000
D
Warrants
26.68
2016-11-21
4
P
0
20000
A
2017-11-21
2021-11-21
Common Stock
5000
20000
D
Reporting Person purchased 20,000 units ("Units") offered by CIM Commercial Trust Corporation ("CMCT"), with each Unit consisting of one share of Series A Preferred Stock of CMCT with an initial stated value of $25 per share (the "Preferred Stock") and (ii) one warrant to purchase 0.25 of a share of CMCT common stock (the "Warrant"). The Units were purchased at a price of $25 per Unit.
This number excludes the Units consisting of Preferred Shares and Warrants described in Note 1 above. The exercise price of each Warrant is equal to a 15% premium to the fair market net asset value of CMCT per share of common stock as most recently published by CMCT at the time of issuance of the Warrants (the "Applicable NAV"). The Applicable NAV as disclosed in CMCT's Amendment No. 1 to Form S-11 filed on September 21, 2016 is $23.20 per share of CMCT common stock.
s/ David Thompson, attorney in fact
2016-11-22