CFAC Holdings VII, LLC - Dec 20, 2021 Form 4 Insider Report for CF Acquisition Corp. VII (CFFS)

Role: 10%+ Owner
Signature: /s/ Howard Lutnick
Stock symbol: CFFS
Transactions as of: Dec 20, 2021
Transactions value $: $4,500,000
Form type: 4
Date filed: 12/21/2021, 08:01 PM
Previous filing: Dec 15, 2021
Next filing: Dec 20, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CFFS	Class A Common Stock	Purchase	$4.5M	+450K		$10.00	450K	Dec 20, 2021	Direct	F1, F4

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	CFFS	Class B Common Stock	Other	$0	-469K	-9.35%	$0.00	4.54M	Dec 20, 2021	Class A Common Stock	469K		Direct	F2, F3, F4

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

Explanation of Responses:

Id	Content
F1	These shares are underlying units (each unit consisting of one share of Class A common stock and one-third of one warrant, each whole warrant exercisable to purchase one share of Class A common stock) held by CFAC Holdings VII, LLC (the "Sponsor") acquired pursuant to a private placement units purchase agreement by and between the Sponsor and the issuer. Does not include shares to be purchased pursuant to that certain forward purchase contract between the issuer and the Sponsor.
F2	As described in the issuer's registration statement on Form S-1 (File No. 333-253307) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock 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 for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights.
F3	As contemplated in connection with the initial public offering of the issuer, 468,750 shares of Class B common stock were returned by the Sponsor to the issuer for no consideration and cancelled because the underwriters' over-allotment option was partially exercised and the remaining portion of the option would not be exercised by the underwriters.
F4	The Sponsor is the record holder of the shares reported herein. Cantor Fitzgerald, L.P. ("Cantor") is the sole member of the Sponsor. CF Group Management, Inc. ("CFGM") is the managing general partner of Cantor. Mr. Lutnick, the issuer's Chairman and Chief Executive Officer, is the trustee of the sole stockholder, of CFGM. As such, each of Cantor, CFGM and Mr. Lutnick may be deemed to have beneficial ownership of the securities directly held by the Sponsor. Each such entity or person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.