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

Role: Director
Signature: /s/ Richard Chera
Stock symbol: CPTK
Transactions as of: Jan 17, 2023
Transactions value $: -$20,383
Form type: 4
Date filed: 1/19/2023, 03:07 PM

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	Jan 17, 2023	Class A ordinary shares	5.66M		By Crown PropTech Sponsor, LLC	F1, F2

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

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 were 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.

Content

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.

These shares were 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.