Cypress Family Trust dated June 10, 2022 - 08 May 2023 Form 4 Insider Report for Bluerock Homes Trust, Inc. (BHM)

Role
10%+ Owner
Signature
/s/ Christopher J. Vohs, Attorney-In-Fact
Issuer symbol
BHM
Transactions as of
08 May 2023
Net transactions value
$0
Form type
4
Filing time
13 Nov 2023, 16:05:32 UTC
Previous filing
13 Nov 2023
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 BHM OP Units Purchase +774,702 +38% 2,803,484 08 May 2023 Class A Common Stock 774,702 See Footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 8, 2023, in connection with estate-related matters and by mutual agreement of the parties effective as of April 1, 2023, the Reporting Person, through a limited liability company in which the Reporting Person owns a direct majority interest, acquired an aggregate of 774,702 units of limited partnership interest ("OP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership"), of which the Issuer is the general partner, from a separate irrevocable trust of which beneficiaries of the Reporting Person, or their immediate family members, are also the beneficiaries and of which the Reporting Person is neither a trustee nor a beneficiary, for fair market value of $19.53 per unit based on the average price of the Issuer's Class A Common Stock on March 31, 2023 (the trading day immediately preceding April 1, 2023).

Remarks:

The Reporting Person is an irrevocable trust formed in 2022 for estate planning purposes by its settlor, who is neither a trustee nor a beneficiary of the Reporting Person, in accordance with the laws of the State of Delaware. This Form 4 reports securities indirectly held by the Reporting Person through its ownership of membership interests in a limited liability company in which the Reporting Person owns a direct majority interest.