SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Property Solutions Acquisition Sponsor, LLC (Last) (First) (Middle) C/O PROPERTY SOLUTIONS ACQUISITION CORP. 654 MADISON AVENUE, SUITE 1009 (Street) NEW YORK NY 10065 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 07/21/2020	3. Issuer Name and Ticker or Trading Symbol Property Solutions Acquisition Corp. [ PSACU ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1)(2)	6,185,000	I	By Property Solutions Acquisition Sponsor LLC(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant(1)	(4)	(5)	Common Stock	435,000	(6)	I	By Property Solutions Acquisition Sponsor LLC(3)

1. Name and Address of Reporting Person* Property Solutions Acquisition Sponsor, LLC (Last) (First) (Middle) C/O PROPERTY SOLUTIONS ACQUISITION CORP. 654 MADISON AVENUE, SUITE 1009 (Street) NEW YORK NY 10065 (City) (State) (Zip)

1. Name and Address of Reporting Person* Vogel Jordan (Last) (First) (Middle) C/O PROPERTY SOLUTIONS ACQUISITION CORP. 654 MADISON AVENUE, SUITE 1009 (Street) NEW YORK NY 10065 (City) (State) (Zip)

1. Name and Address of Reporting Person* Feldman William Aaron (Last) (First) (Middle) C/O PROPERTY SOLUTIONS ACQUISITION CORP. 654 MADISON AVENUE, SUITE 1009 (Street) NEW YORK NY 10065 (City) (State) (Zip)

Explanation of Responses:

1. Includes securities underlying 435,000 units which, prior to the effective date of the registration statement relating to the Issuer's initial public offering, Property Solutions Acquisition Sponsor, LLC (the "Sponsor") irrevocably committed to purchase. Each unit consists of one share of common stock and one warrant entitling the holder to purchase one share of common stock. The purchase of these units is being made on a private placement basis and will be consummated simultaneously with the consummation of the Issuer's initial public offering. Does not include securities underlying up to 48,785 additional units which the Sponsor irrevocably committed to purchase in the event the underwriters in the Issuer's initial public offering exercise their overallotment option in full.

2. Includes up to 750,000 shares of common stock that may be forfeited if the underwriters in the Issuer's initial public offering do not exercise the overallotment option in full.

3. The shares and warrants underlying the units are owned directly by the Sponsor, of which Jordan Vogel and Aaron Feldman are managing members. Messrs. Vogel and Feldman disclaim beneficial ownership of the securities held by the Sponsor except to the extent of their pecuniary interests therein.

4. Each warrant will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination or July ___, 2021.

5. Each warrant will expire five years after the completion of the Issuer's initial business combination.

6. Each warrant entitles the holder to purchase one share of common stock at a price of $11.50 per share, subject to adjustment in the event of certain capital-raising or reorganization transactions.

Remarks:

	/s/ Jordan Vogel	07/21/2020
	/s/ W. Aaron Feldman	07/21/2020
	Property Solutions Acquisition Sponsor, LLC, by Jordan Vogel, Managing Member	07/21/2020
	** Signature of Reporting Person	Date
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