Company: CIMO
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001206774-25-000244
Chunk: 64

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 64
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      |        - |          - |          $791,738 | -               |   $1,583,475 |          - |
| Value                         
 of Accelerated and            
 Continued Equity Awards       | $327,255 |   $327,255 |          $327,255 | -               |     $327,255 |          - |
| Deferred                      
 Compensation                  |        - |          - |                 - | -               |            - |          - |
| Other                         
 Benefits                      |  $23,963 |    $23,963 |           $15,975 | -               |      $23,963 |          - |
| Total                         
 Value of Incremental Benefits | $351,217 |            |        $1,134,967 | -               |   $1,738,341 |   $327,255 |

*For purposes of these tables, calculations
of “Value of Accelerated Equity Awards” are based on $14.00 per share, the closing price of our common stock on December 31,
2024. For purposes of these tables, we have assumed that the target performance metrics with respect to the PSUs have been achieved, but
not including dividend equivalent rights. In the event of Termination Without Cause/Resignation for Good Reason, or in the event of death
or disability, unvested PSUs will continue to vest in accordance with their terms (subject to performance) as though such termination
of service had not occurred.

| (a) | Death and Disability |

The following incremental benefits
would be paid to a named executive officer or his or her estate or legal representative in the event of his or her termination due to
death or Disability as of December 31, 2024:

(1) Value of Accelerated and Continued Equity Awards: For each executive officer, the amount represents the aggregate value resulting from the
(a) immediate full vesting of all outstanding equity-based compensation previously granted in connection with an Annual Bonus other than
the PSUs granted in connection with the LTI Bonus; and, (b) continuing vesting of any outstanding PSUs previously granted in connection
with the LTI Bonus, subject to the achievement by the Company of the applicable performance goals and the applicable award agreement.

For purposes of these tables, we have
assumed that the target performance metric with respect to the PSUs has been achieved.

(2) Other Benefits: For each of the named executive officers, 100% of the COBRA premiums incurred by such