Christopher Laurence - Nov 29, 2022 Form 3 Insider Report for Appreciate Holdings, Inc. (SFR)

Role
Chief Executive Officer, Director
Signature
/s/ Luisa M. Surmak, Attorney-in-Fact
Stock symbol
SFR
Transactions as of
Nov 29, 2022
Transactions value $
$0
Form type
3
Date filed
12/9/2022, 06:09 PM
Next filing
May 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SFR Class B Common Stock 2.65M Nov 29, 2022 Direct

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 SFR Class A Units Nov 29, 2022 Class A Common Stock 2.65M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Holds 2,649,913 units in Appreciate Intermediate Holdings, LLC. Each unit in Appreciate Intermediate Holdings, LLC may be exchanged together with one share of Class B Common Stock in Appreciate Holdings, Inc. (the "Company") for one share of Class A Common Stock in the Company pursuant to the Appreciate Intermediate Holdings, LLC Amended and Restated Limited Liability Company Agreement (the "A&R LLC Agreement"), dated November 29, 2022.
F2 Pursuant to the A&R LLC Agreement, the Company's common units held by the reporting person are not exchangeable for the Company's Class A Common stock until the expiration or waiver of certain lock-up periods and other restrictions mentioned therein.

Remarks:

Exhibit 24.1 - Power of Attorney