SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Kuba Shaul (Last) (First) (Middle) 4700 WILSHIRE BLVD (Street) LOS ANGELES CA 90010 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol CIM Commercial Trust Corp [ CMCT ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 06/25/2021
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/25/2021		O		5,219,750(1)(2)	A	$9.25	7,806,121	I	CIM Service Provider, LLC(3)
Common Stock	06/25/2021		O		316,305(1)(2)	A	$9.25	473,033	I	CIM Urban Sponsor, LLC(3)
Common Stock	06/25/2021		O		410,394(1)(2)	A	$9.25	613,743	I	CIM Capital, LLC(3)
Common Stock	06/25/2021		O		40,216(1)(4)	A	$9.25	45,420	I	See footnote (4)(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Subscription Rights (right to buy)	$9.25	06/25/2021		O			2,586,371(1)	06/11/2021	06/23/2021	Common Stock	2,586,371(1)	$0	0	I	CIM Service Provider, LLC(3)
Subscription Rights (right to buy)	$9.25	06/25/2021		O			156,728(1)	06/11/2021	06/23/2021	Common Stock	156,728(1)	$0	0	I	CIM Urban Sponsor, LLC(3)
Subscription Rights (right to buy)	$9.25	06/25/2021		O			203,349(1)	06/11/2021	06/23/2021	Common Stock	203,349(1)	$0	0	I	CIM Capital, LLC(3)
Subscription Rights (rights to buy)	$9.25	06/25/2021		O			5,204(1)	06/11/2021	06/23/2021	Common Stock	5,204(1)	$0	0	I	See footnote (4)(4)

Explanation of Responses:

1. On June 10, 2021, the issuer commenced a rights offering pursuant to which the issuer distributed non transferable subscription rights (the "Subscription Rights") to holders of record of its common stock as of 4:00 p.m., New York Time, on June 11, 2021. Each eligible recordholder received one Subscription Right for each share of common stock held of record by such holder as of the record date. Each Subscription Right entitled its holder, subject to certain limitations and conditions, to purchase one share of common stock at a subscription price of $9.25 per share. Holders of Subscription Rights that exercised in full such basic subscription rights were entitled, subject to certain limitations and conditions, to oversubscribe for additional shares of common stock that remained unsubscribed for in the rights offering. The rights offering expired on June 23, 2021 and the Company announced the results of the offering on June 25, 2021.

2. Each of CIM Service Provider, LLC, CIM Urban Sponsor, LLC and CIM Capital, LLC exercised in full its Subscription Rights, and exercised oversubscription rights in respect of, and was allocated, an additional 2,633,379 shares of common stock, 159,577 shares of common stock and 207,045 shares of common stock, respectively.

3. CIM Group, LLC is the sole equity member of the entity through which these shares are held. The reporting person may be deemed to beneficially own all of these shares because of his position with CIM Group, LLC. 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.

4. Shares held by The Kuba Family Trust of which the reporting person was the grantor and the indirect beneficial owner. Such trust exercised in full its Subscription Rights, and exercised oversubscription rights in respect of, and was allocated, an additional 35,012 shares of common stock.

	/s/ David Thompson, attorney in fact	06/29/2021
	** Signature of Reporting Person	Date
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