Crixus BH3 Sponsor, LLC - Oct 4, 2021 Form 3 Insider Report for Crixus BH3 Acquisition Co (BHAC)

Role: 10%+ Owner
Signature: /s/ Brian J. Gavsie, Attorney-in-Fact
Stock symbol: BHAC
Transactions as of: Oct 4, 2021
Transactions value $: $0
Form type: 3
Date filed: 10/4/2021, 08:07 PM
Next filing: Oct 11, 2023

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
holding	BHAC	Class B Common Stock							Oct 4, 2021	Class A Common Stock	4.14M		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of Class B common stock have no expiration date and will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-259269).
F2	Includes up to 750,000 shares subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised, if at all, and gives effect to the sale of 1,450,758 shares to the Issuer's public anchor investors on the date hereof.
F3	The securities are held directly by the Reporting Person. The Reporting Person is controlled by BH3 Management LLC, an entity owned and controlled indirectly by Daniel Lebensohn and Gregory Freedman. Each of Messrs. Lebensohn and Freedman indirectly share voting and dispositive power over the securities held by the Reporting Person and may be deemed to beneficially own the securities held by the Reporting Person. Mr. Lebensohn and Mr. Freedman disclaim beneficial ownership of the securities held by the Reporting Person except to the extent of their pecuniary interest therein.

Remarks:

See Exhibit 24.1 - Power of Attorney