# EDGAR Filing Document

**Accession Number:** 0001903382
**File Stem:** 0001104659-23-000995
**Filing Date:** 2023-1
**Character Count:** 8742
**Document Hash:** 6ac53894aa03193d10fd935400404101
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-000995.hdr.sgml**: 20230104

**ACCESSION NUMBER**: 0001104659-23-000995

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230101

**FILED AS OF DATE**: 20230104

**DATE AS OF CHANGE**: 20230104

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** KAMFAR RAMIN
- **CENTRAL INDEX KEY:** 0001111908

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41322
- **FILM NUMBER:** 23508419

**MAIL ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **STREET 2:** 32 FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bluerock Homes Trust, Inc.
- **CENTRAL INDEX KEY:** 0001903382
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **IRS NUMBER:** 874211187
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **STREET 2:** 32ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105
- **BUSINESS PHONE:** 2128431601

**MAIL ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **STREET 2:** 32ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>KAMFAR RAMIN<br><sub>(Last) (First) (Middle)</sub><br>1345 AVENUE OF THE AMERICAS<br>32ND FLOOR<br><sub>(Street)</sub><br>NEW YORK, NY 10105<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-01-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chairman and CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Bluerock Homes Trust, Inc. [ BHM ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| LTIP Units | <sup>(1)</sup> | 2023-01-01 |  | C |  |  | 102642 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 102642 | <sup>(1)</sup> | 459078 | D |  |
| OP Units | <sup>(2)</sup> | 2023-01-01 |  | C |  | 102642 |  | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 102642 | <sup>(2)</sup> | 104000 | D |  |
| LTIP Units | <sup>(3)</sup> | 2023-01-01 |  | C |  |  | 53236 | <sup>(3)</sup> | <sup>(3)</sup> | Class A Common Stock | 53236 | <sup>(3)</sup> | 405842 | I | See Footnote<sup>(3)</sup> |
| OP Units | <sup>(4)</sup> | 2023-01-01 |  | C |  | 53236 |  | <sup>(4)</sup> | <sup>(4)</sup> | Class A Common Stock | 53236 | <sup>(4)</sup> | 157236 | I | See Footnote<sup>(4)</sup> |
| LTIP Units | <sup>(5)</sup> | 2023-01-01 |  | C |  |  | 45 | <sup>(5)</sup> | <sup>(5)</sup> | Class A Common Stock | 45 | <sup>(5)</sup> | 405797 | I | See Footnote<sup>(5)</sup> |
| OP Units | <sup>(6)</sup> | 2023-01-01 |  | C |  | 45 |  | <sup>(6)</sup> | <sup>(6)</sup> | Class A Common Stock | 45 | <sup>(6)</sup> | 157281 | I | See Footnote<sup>(6)</sup> |

---

### Footnotes:

(1) Represents long-term incentive plan units ("LTIP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership"), of which the Issuer is the general partner. The LTIP Units have reached capital account equivalency with the units of limited partnership interest in the Operating Partnership ("OP Units") held by the Issuer, and the Reporting Person has elected to convert the LTIP Units to OP Units on a one-for-one basis.

(2) Represents OP Units issued to the Reporting Person upon conversion of LTIP Units. The OP Units may be redeemed for cash, or at the option of the Issuer and after a one year holding period (including any period during which the LTIP Units were held), settled in shares of the Issuer's Class A common stock on a one-for-one basis.

(3) Represents LTIP Units in the Operating Partnership, of which the Issuer is the general partner. The LTIP Units have reached capital account equivalency with the OP Units held by the Issuer, and the Reporting Person has elected to convert the LTIP Units to OP Units on a one-for-one basis. These LTIP Units are owned by Bluerock Real Estate L.L.C., which is majority-owned by the Reporting Person.

(4) Represents OP Units issued upon conversion of LTIP Units. The OP Units may be redeemed for cash, or at the option of the Issuer and after a one year holding period (including any period during which the LTIP Units were held), settled in shares of the Issuer's Class A common stock on a one-for-one basis.

(5) Represents LTIP Units in the Operating Partnership, of which the Issuer is the general partner. The LTIP Units have reached capital account equivalency with the OP Units held by the Issuer, and the Reporting Person has elected to convert the LTIP Units to OP Units on a one-for-one basis. These LTIP Units are owned by an immediate family member of the Reporting Person.

(6) Represents OP Units issued to an immediate family member of the Reporting Person upon conversion of LTIP Units. The OP Units may be redeemed for cash, or at the option of the Issuer and after a one year holding period (including any period during which the LTIP Units were held), settled in shares of the Issuer's Class A common stock on a one-for-one basis.

**Signature:** /s/ Christopher J. Vohs, Attorney-In-Fact  
**Date:** 2023-01-04

### Remarks:

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**