-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BUr/ru+2a+PohM75hddm3SYTUFNg8bnwgwwo7R8OJ/i3B5c4CAw/+Dt4bfQlk0r/ XCZE0oBdxYPim1j7qbtJgA== 0001033475-08-000015.txt : 20081124 0001033475-08-000015.hdr.sgml : 20081124 20081124150445 ACCESSION NUMBER: 0001033475-08-000015 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081124 DATE AS OF CHANGE: 20081124 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHIMERA INVESTMENT CORP CENTRAL INDEX KEY: 0001409493 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 260630461 STATE OF INCORPORATION: DE FISCAL YEAR END: 0607 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-83389 FILM NUMBER: 081210214 BUSINESS ADDRESS: STREET 1: 1211 AVENUE OF THE AMERICAS STREET 2: SUITE 2902 CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-696-0100 MAIL ADDRESS: STREET 1: 1211 AVENUE OF THE AMERICAS STREET 2: SUITE 2902 CITY: NEW YORK STATE: NY ZIP: 10036 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AVENIR CORP CENTRAL INDEX KEY: 0001033475 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 541146619 STATE OF INCORPORATION: VA FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1725 K STREET NW STREET 2: SUITE 401 CITY: WASHINGTON STATE: DC ZIP: 20006 BUSINESS PHONE: 2026594427 MAIL ADDRESS: STREET 1: 1725 K STREET NW STREET 2: SUITE 401 CITY: WASHINGTON STATE: DC ZIP: 20006 FORMER COMPANY: FORMER CONFORMED NAME: AVENIR CORP/DC DATE OF NAME CHANGE: 19970225 SC 13D/A 1 cim13d08amnd2r.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES AND EXCHANGE ACT OF 1934 (Amendment No. 2)* Chimera Investment Corp - ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value of $.01 per share - ------------------------------------------------------------------------------- (Title of Class of Securities) 16934Q109 - ------------------------------------------------------------------------------- (CUSIP Number) Peter C. Keefe Avenir Corporation 1919 Pennsylvania Ave NW 4th Floor Washington DC, 20006 (202) 659-4427 - ------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 29, 2008 - ------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box: [X] NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person?s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D - ------------------ ------------------ CUSIP No. 16934Q109 - ------------------ ------------------ - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Avenir Corporation I.D. No. 54-1146619 - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ---------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ---------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------- -------- -------------------------------------------------- 7 SOLE VOTING POWER 2,818,275 NUMBER -------- --------------------------------------------------- OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH -------- --------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 2,818,275 - ---------- --------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 2,818,275 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.6% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA - ----------- -------------------------------------------------------------------- SCHEDULE 13D - ------------------ ------------------ CUSIP No. 16934Q109 - ------------------ ------------------ This Schedule 13D/A ("Schedule") is being filed on behalf of Avenir Corporation ("Avenir"), a Virginia corporation and amends the Schedule 13D filed on October 23, 2008 on behalf of Avenir. This Schedule relates to the common stock, par value $0.01 per share, of Chimera Investment Corp, a Maryland corporation (the "Issuer"). Unless the context otherwise requires, references herein to "Securities" or "Shares" are to such common stock of the Issuer. Item 3. Source and Amount of Funds or Other Consideration. The Securities of the Issuer were primarily acquired on behalf of the investment advisory clients of Avenir under sole or shared discretionary authority granted Avenir. In addition, Avenir and/or its principal officers and employees purchased Shares in the Issuer for their personal accounts. The aggregate amount of funds used to purchase the Securities reported in this filing totaled approximately $29,863,253. In addition, none of the proceeds used to purchase the Securities were expressly provided through borrowings, though certain accounts managed by Avenir may carry margin balances from time to time. Item 5. Interest In Securities Of The Issuer (a) The aggregate number and percentage of Securities to which this Schedule 13D relates is 2,818,275 shares of the common stock of the Issuer, constituting approximately 1.6% of the 177,170,098 shares outstanding. (b) Avenir generally has the sole power to dispose of or to direct the disposition of the Securities held for discretionary accounts of its investment clients, and may be granted the sole power to vote or direct the vote of such Securities; such powers may be retained by or shared with the respective clients for shared or non-discretionary accounts, for which Avenir generally makes recommendations with respect thereto. (c) All purchase or sale transactions in the Securities since the most recent filing of Schedule 13D are set forth on Schedule A. (d) The investment advisory clients of Avenir have the sole right to receive and, subject to notice, to withdraw the proceeds from the sale of the Securities, and the sole power to direct the receipt of dividends from any of the Securities held for their respective accounts. Such clients may also terminate the investment advisory agreements without penalty upon appropriate notice. (e) Following the Issuer's follow-on public offering of Common Stock of 110,000,000 shares on 10/24/2008 Avenir Corporation ceased to be the beneficial owner of five percent of the Issuer. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer The powers of disposition with respect to Securities owned by discretionary private accounts of Avenir are established in written investment advisory agreements between clients and Avenir, which are entered into in the normal and usual course of the business of Avenir as a registered investment advisor and which are generally applicable to all securities purchased for the benefit of each such discretionary private account. There are no special or different agreements relating to the Securities of the Issuer. The written investment advisory agreements with clients do not contain provisions relating to borrowing of funds to finance the acquisition of the Securities, acquisition of control, transfer of securities, joint ventures, or any of the other transactions listed in the instructions to Item 7 of Schedule 13D other than voting of proxies. In connection with voting, Avenir may be allowed or directed to vote the proxies received by accounts classified as "discretionary" or "shared" accounts; such authority is generally retained by the clients for accounts classified as "non-discretionary". Item 7. Material to be Filed as an Exhibit SCHEDULE 13D - ------------------ ------------------ CUSIP No. 16934Q109 - ------------------ ------------------ SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. November 24, 2008 ----------------------------------- Date /s/ Peter C. Keefe ----------------------------------- Signature Peter C. Keefe, President ----------------------------------- Name/Title SCHEDULE 13D - ------------------ ------------------ CUSIP No. 16934Q109 - ------------------ ------------------ SCHEDULE A PURCHASE ("BY") AND SALE ("SL") TRANSACTIONS SINCE THE MOST RECENT FILING OF SCHEDULE 13D All purchases and sales listed below were normal, open-market transactions. Average Transaction Per Type Date Quantity Total Price Share SL 10/27/2008 980 2,535.47 2.59 SL 10/29/2008 323204 838,612.67 2.59 SL 10/31/2008 4880 13,983.08 2.87 BY 10/31/2008 7100 20,597.45 2.90 BY 11/04/2008 32400 89,395.00 2.76 LO 11/04/2008 4800 SL 11/05/2008 1710 5,042.63 2.95 BY 11/06/2008 4700 12,424.92 2.64 SL 11/07/2008 6000 16,396.06 2.73 BY 11/10/2008 8000 20,502.00 2.56 SL 11/11/2008 47690 127,129.89 2.67 BY 11/12/2008 21000 52,860.20 2.52 SL 11/12/2008 21700 54,442.46 2.51 BY 11/13/2008 48550 135,916.02 2.80 SL 11/13/2008 14350 37,243.57 2.60 BY 11/14/2008 103200 301,219.52 2.92 SL 11/14/2008 18220 52,717.79 2.89 BY 11/17/2008 25000 70,347.50 2.81 SL 11/17/2008 1350 3,356.86 2.49 BY 11/19/2008 9000 21,621.70 2.40 SL 11/19/2008 8500 19,669.73 2.31 LO 11/19/2008 950 SL 11/20/2008 11000 22,730.27 2.07 SL 11/21/2008 10000 19,413.38 1.94
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