Thakkar Sudhanshu bought CIM
January 17, 2024 · Form 4 insider transaction
Thakkar Sudhanshu bought 97,661 shares of Chimera Investment Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents shares of Chimera Investment Corporation common stock ("Chimera common stock") underlying restricted stock units ("RSUs"). The RSUs are scheduled to vest one-third per year on December 31st of 2024, 2025 and 2026 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. The reporting person elected to defer share settlement until separation of service (such deferred share units are herein referred to as "DSUs").; Each RSU is the economic equivalent of one share of Chimera common stock.; Dividend 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.