Sec Form 3 Filing - Property Solutions Acquisition Sponsor, LLC @ Property Solutions Acquisition Corp. - 2020-07-21

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 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 2. Issuer Name and Ticker or Trading Symbol Property Solutions Acquisition Corp. [ PSACU] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O PROPERTY SOLUTIONS ACQUISITION CORP., 654 MADISON AVENUE, SUITE 1009 3. Date of Earliest Transaction (MM/DD/YY) 07/21/2020 (Street) NEW YORK, NY10065 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock ( 1 ) ( 2 ) 6,185,000 I By Property Solutions Acquisition Sponsor LLC ( 3 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Warrant ( 1 ) ( 6 ) ( 4 ) ( 5 ) Common Stock < /span> 435,000 I By Property Solutions Acquisition Sponsor LLC ( 3 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Property Solutions Acquisition Sponsor, LLC C/O PROPERTY SOLUTIONS ACQUISITION CORP. 654 MADISON AVENUE, SUITE 1009 NEW YORK, NY10065 X Vogel Jordan C/O PROPERTY SOLUTIONS ACQUISITION CORP. 654 MADISON AVENUE, SUITE 1009 NEW YORK, NY10065 X X Co-Chief Executive Officer Feldman William Aaron C/O PROPERTY SOLUTIONS ACQUISITION CORP. 654 MADISON AVENUE, SUITE 1009 NEW YORK, NY10065 X X Co-Chief Executive Officer Signatures /s/ Jordan Vogel 07/21/2020 Signature of Reporting Person Date /s/ W. Aaron Feldman 07/21/2020 Signature of Reporting Person Date Property Solutions Acquisition Sponsor, LLC, by Jordan Vogel, Managing Member 07/21/2020 Signature of Reporting Person Date

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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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