FORM 4 [X] 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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Property Solutions Acquisition Sponsor II, LLC
2. Issuer Name and Ticker or Trading Symbol

Property Solutions Acquisition Corp. II [ PSAG ]
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., II, 654 MADISON AVENUE, SUITE 1009
3. Date of Earliest Transaction (MM/DD/YYYY)

8/9/2021
(Street)

NEW YORK, NY 10065
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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
Class B Common Stock (1)8/9/2021  J(2)  700000 D (2)7925000 D (3) 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) As described in the Issuer's Registration Statement under the heading "Description of Securities," the Class B common stock will automatically convert into Class A common stock of the Issuer at the time of the Issuer's initial business combination and have no expiration date.
(2) The forfeiture and cancellation of Class B common stock for no consideration is a result of the underwriters' partial exercise of their over-allotment option.
(3) Property Solutions Acquisition Sponsor II, LLC, is the record holder of the shares reported herein. Property Solutions Acquisition Sponsor II, LLC is governed by two managers. Messr. Jordan Vogel and Aaron Feldman have shared voting and investment power over the shares held by Property Solutions Acquisition Sponsor II, LLC, and disclaim beneficial ownership of the shares held by Property Solutions Acquisition Sponsor II, LLC except to the extent of their pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Property Solutions Acquisition Sponsor II, LLC
C/O PROPERTY SOLUTIONS ACQUISITION CORP.
II, 654 MADISON AVENUE, SUITE 1009
NEW YORK, NY 10065

X


Signatures
/s/ Jordan Vogel, as Manager of Property Solutions Acquisition Sponsor II, LLC8/9/2021
**Signature of Reporting PersonDate

/s/ Aaron Feldman, as Manager of Property Solutions Acquisition Sponsor II, LLC8/9/2021
**Signature of Reporting PersonDate

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