Crown PropTech Sponsor, LLC - 17 Jan 2023 Form 4 Insider Report for Crown PropTech Acquisitions

Reporting relationship: Former 10% Stockholder
Issuer ticker: N/A
Reported as of: 17 Jan 2023
Net transaction value: -$20,383
SEC form: 4
Accepted by SEC: 19 Jan 2023, 15:05:45 UTC
Source filing: View source filing
Reporting owner signature: Crown PropTech Sponsor, LLC, by: /s/ Richard Chera, Manager

Key filing fact

Crown PropTech Sponsor, LLC filed Form 4 for Crown PropTech Acquisitions on 19 Jan 2023.

Key facts

This page summarizes Crown PropTech Sponsor, LLC's Form 4 filing for Crown PropTech Acquisitions.
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 19 Jan 2023, 15:05.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$20,383.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CPTK transaction Derivative

Class B ordinary shares

Sale

Transaction value: $20,383
Shares: -5,662,000
Change %: -95%
Price: $0.003600^*
Shares after: 298,000
Date: 17 Jan 2023
Ownership: Direct
Underlying class: Class A ordinary shares
Underlying amount: 5,662,000
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Crown PropTech Sponsor, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote 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.

Footnote F2

These shares are 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.