Michael Minnick - 17 Jan 2023 Form 3 Insider Report for Crown PropTech Acquisitions

Signature
/s/ Michael Minnick
Issuer symbol
N/A
Transactions as of
17 Jan 2023
Net transactions value
$0
Form type
3
Filing time
19 Jan 2023, 15:22:41 UTC
Previous filing
14 Sep 2021
Next filing
31 May 2024

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 CPTK Class B Ordinary Shares 17 Jan 2023 Class A Ordinary Shares 5,662,000 $0.000000 Held by CIIG Management III LLC F1, F2, F3
holding CPTK Warrants 17 Jan 2023 Class A Ordinary Shares 250,667 $11.50 Held by CIIG Management III LLC F2, F3, F4
* 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 final prospectus filed under Rule 424(b)(4) (File No. 333-252307) with the Securities and Exchange Commission on February 10, 2021. The Class B ordinary shares have no expiration date.
F2 These securities were acquired pursuant to a Securities Assignment Agreement dated as of January 17, 2023 by and among the Issuer, CIIG Management III LLC ("CIIG Mgt III"), Crown PropTech Sponsor, LLC and Richard Chera.
F3 The Reporting Person is the sole managing member of CIIG Mgt III and has voting and investment power over the shares held by CIIG Mgt III. The Reporting Person disclaims beneficial ownership of the shares held by CIIG Mgt III other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F4 The warrants are exercisable on the date that is thirty (30) days after the first date on which the Issuer completes an initial business combination, and will expire if the Issuer fails to complete an initial business combination by February 11, 2023 or such later date that may be approved by shareholders.