Company: CIMO
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001206774-25-000244
Chunk: 58

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 58
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 target performance by                                                                                                                                                                                                
 the Company. 50% of the amount shown for 2024 represents the relative TSR component of the LTI bonus and is calculated based on a                                                                                                                                                                                                 
 Monte Carlo simulation fair value as of the grant date of $14.73 per share. The grant date fair value of the Relative Economic                                                                                                                                                                                                    
 Return component of the LTI bonus for 2024 (measured at target) was as follows: Mr. Kardis: $671,317; Mr. Viswanathan: $311,684; Mr.                                                                                                                                                                                              
 Thakkar: $239,758; and Ms. Sung: $95,905. If these awards were valued based on assumed maximum (200%) performance, the grant date                                                                                                                                                                                                 
 fair value would be as follows: Mr. Kardis: $1,342,635; Mr. Viswanathan: $623,369; Mr. Thakkar: $479,516; and Ms. Sung:                                                                                                                                                                                                           
 $191,809.                                                                                                                                                                                                                                                                                                                         |

Actual payout amounts for PSUs
will depend on performance results. See “Compensation Discussion and Analysis -- Key Design Features and 2024 Actions”
for additional information about the PSU bonus.

See Note 13 (Equity Compensation,
Employment Agreements and other Benefit Plans) to our Consolidated Financial Statements included in our Annual Report on Form 10-K filed
for the year ended December 31, 2024, for additional information on the assumptions used in the grant date fair value for our equity compensation
awards.

| (4) | For 2024, the amounts in this column represent the annual cash bonus earned for performance in 2024. See “Compensation Discussion and Analysis -- Key Design Features and 2024 Actions” for additional information. |
| (5) | The amounts in this column for 2024 represent matching                                                                                                                                                              
 contributions of up to 6% of each named executive officer’s base salary that were made by us with respect to each of the named                                                                                      
 executive officers pursuant to our Section 401(k) plan. As noted earlier, Mr. Yarlagadda retired from the Company effective March                                                                                   
 15, 2024. The Company made $14,277 in 401(k) matching contributions and, in connection with his retirement, paid out $70,769 for Mr.                                                                                
 Yarlagadda’s accrued vacation. In addition, the Company agreed to reimburse Mr. Yarlag