Union Square Hospitality Form 3 Initial statement of insider ownership

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^*

USHG Investments, LLC

(Last) (First) (Middle)

853 BROADWAY 17TH FLOOR

(Street)

NEW YORK NY 10003

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/24/2021

3. Issuer Name and Ticker or Trading Symbol
USHG Acquisition Corp. [ HUGS ]

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)
Class B Common Stock	6,819,500(1)	I	See footnote(2)

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

1. Name and Address of Reporting Person^*

USHG Investments, LLC

(Last) (First) (Middle)

853 BROADWAY 17TH FLOOR

(Street)

NEW YORK NY 10003

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

UNION SQUARE HOSPITALITY GROUP, LLC

(Last) (First) (Middle)

853 BROADWAY 17TH FLOOR

(Street)

NEW YORK NY 10003

(City) (State) (Zip)

Explanation of Responses:

1. The Class B common stock will automatically convert into shares of Class A common stock at the completion of the Issuer's initial business combination on a one-for-one basis, subject to adjustment.

2. The Class B common stock reported herein are held of record by USHG Investments, LLC ("USHG Investments"). Union Square Hospitality Group, LLC ("USHG") is the managing member of USHG Investments. USHG disclaims beneficial onwership of the shares held by USHG Investments, except to the extent of its pecuniary interest therein, if any.

Remarks:

	USHG Investments, LLC, By: Union Square Hospitality Group, LLC, its managing member, /s/ Avisheh Avini, Chief Legal Officer	02/24/2021
	Union Square Hospitality Group, LLC, /s/ Avisheh Avini, Chief Legal Officer	02/24/2021
	** Signature of Reporting Person	Date
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