Crown PropTech Sponsor, LLC - 17 Jan 2023 Form 4 Insider Report for Crown PropTech Acquisitions (CPTK)

Role
Former 10% Stockholder
Signature
Crown PropTech Sponsor, LLC, by: /s/ Richard Chera, Manager
Issuer symbol
CPTK
Transactions as of
17 Jan 2023
Transactions value $
-$20,383
Form type
4
Filing time
19 Jan 2023, 15:05:45 UTC
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPTK Class B ordinary shares Sale -$20.4K -5.66M -95% $0.00* 298K 17 Jan 2023 Class A ordinary shares 5.66M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Crown PropTech Sponsor, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These Class B ordinary shares will automatically convert into Class A ordinary shares on a one-for-one basis for no additional consideration concurrently with or immediately following the consummation of the Issuer's initial business combination, subject to adjustment as described in the Issuer's prospectus on Form S-1 filed with the Commission on February 2, 2021. The Class B ordinary shares have no expiration date.
F2 These shares are previously held of record by Crown PropTech Sponsor, LLC (the "Sponsor"). The Sponsor is managed by a board of managers comprised of Richard Chera and Pius Sprenger, who may each be deemed to have voting and investment discretion with respect to any ordinary shares held of record by the Sponsor. Each of Mr. Chera and Mr. Sprenger disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.