Crixus BH3 Sponsor, LLC - Jul 30, 2024 Form 4 Insider Report for Focus Impact BH3 Acquisition Co (BHAC)

Role: Director, 10%+ Owner
Signature: /s/ Gregory Freedman, as Authorized Signatory for Crixus BH3 Sponsor, LLC
Stock symbol: BHAC
Transactions as of: Jul 30, 2024
Transactions value $: $0
Form type: 4
Date filed: 8/1/2024, 04:17 PM
Previous filing: Nov 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BHAC	Class A common stock	Conversion of derivative security		+450K	+56.32%		1.25M	Jul 30, 2024	Direct	F1, F2

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	BHAC	Class B common stock	Conversion of derivative security		-450K	-80.21%		111K	Jul 30, 2024	Class A Common Stock	450K		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents shares of Class A common stock of the Issuer acquired upon conversion of shares of Class B common stock of the Issuer at the Reporting Persons' election.
F2	The securities are held directly by Crixus BH3 Sponsor LLC ("Crixus"). Crixus 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 Crixus and may be deemed to beneficially own the securities held by Crixus. Mr. Lebensohn and Mr. Freedman disclaim beneficial ownership of the securities held by Crixus except to the extent of their pecuniary interest therein.
F3	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, or earlier at the option of the holder, 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).