Sec Form 4 Filing - CFI Sponsor LLC @ Crescent Acquisition Corp - 2019-04-22

FORM 4 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 CFI Sponsor LLC 2. Issuer Name and Ticker or Trading Symbol Crescent Acquisition Corp [ CRSA] 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 CRESCENT ACQUISITION CORP,, 11100 SANTA MONICA BOULEVARD, SUITE 2000 3. Date of Earliest Transaction (MM/DD/YY) 04/22/2019 (Street) LOS ANGELES, CA90025 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

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 Class F Common Stock ( 1 ) 04/22/2019 J( 3 ) 937,500 ( 3 ) ( 1 ) ( 1 ) Class A Common Stock 937,500 ( 1 ) 6,175,000 D ( 2 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other CFI Sponsor LLC C/O CRESCENT ACQUISITION CORP, 11100 SANTA MONICA BOULEVARD, SUITE 2000 LOS ANGELES, CA90025 X Attanasio Mark C/O CRESCENT ACQUISITION CORP, 11100 SANTA MONICA BOULEVARD, SUITE 2000 LOS ANGELES, CA90025 X BEYER ROBERT D C/O CRESCENT ACQUISITION CORP, 11100 SANTA MONICA BOULEVARD, SUITE 2000 LOS ANGELES, CA90025 X X Executive Chairman CHAPUS JEAN-MARC C/O CRESCENT ACQUISITION CORP, 11100 SANTA MONICA BOULEVARD, SUITE 2000 LOS ANGELES, CA90025 X X Chairman of the Board Purdy Todd M. C/O CRESCENT ACQUISITION CORP, 11100 SANTA MONICA BOULEVARD, SUITE 2000 LOS ANGELES, CA90025 X X Chief Executive Officer Crescent Capital Group LP C/O CRESCENT ACQUISITION CORP, 11100 SANTA MONICA BOULEVARD, SUITE 2000 LOS ANGELES, CA90025 X Beyer Family Interests LLC C/O CHAPARAL INVESTMENTS LLC, 11601 WILSHIRE BOULEVARD, SUITE 1825 LOS ANGELES, CA90025 X TSJD Family LLC C/O CRESCENT ACQUISITION CORP, 11100 SANTA MONICA BOULEVARD, SUITE 2000 LOS ANGELES, CA90025 X Signatures /s/ George P. Hawley, Attorney-in-Fact 04/23/2019 Signature of Reporting Person Date

Explanation of Responses:

( 1 )As described in the issuer's registration statement on Form S-1 (File No. 333-229718) under the heading "Description of Securities-Founder Shares," the shares of Class F common stock, par value $0.0001 per share (the "Class F Shares"), of the issuer will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment. ( 2 )CFI Sponsor LLC directly owns these Class F Shares. Messrs. Attanasio and Chapus control Crescent Capital Group LP, and Crescent Capital Group LP, an entity controlled by Mr. Beyer and an entity controlled by Mr. Purdy are the managing members of CFI Sponsor LLC. Accordingly, Messrs. Attanasio, Beyer, Chapus and Purdy share voting and dispositive power over the Class F Shares held by CFI Sponsor LLC and may be deemed to beneficially own such Class F Shares. ( 3 )This Form 4 reflects the cancellation by the issuer of 937,500 Class F Shares, which were automatically surrendered to the issuer for no consideration by the reporting person pursuant to contractual arrangements with the issuer, triggered by the election by the underwriters of the issuer's initial public offering not to exercise their option to purchase additional units.

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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