L. Michael Blend - 27 Jan 2022 Form 3/A - Amendment Insider Report for System1, Inc. (SST)

Role
Exhibit 24 - Power of Attorney. Chief Executive Officer & Chairman of System1, Inc., Director, 10%+ Owner
Signature
/s/ Daniel Weinrot, Attorney-in-Fact for Michael Blend
Issuer symbol
SST
Transactions as of
27 Jan 2022
Net transactions value
$0
Form type
3/A - Amendment
Filing time
01 Feb 2022, 05:15:09 UTC
Date Of Original Report
31 Jan 2022
Next filing
22 Apr 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SST Warrants (right to buy) 27 Jan 2022 Class A Common Stock 35,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each whole warrant entitles the holder thereof to purchase one share of Class A common stock of System1, Inc. (the "Company") at an exercise price of $11.50 per share. The warrants will become exercisable 30 days after the completion of the Business Combination. The warrants will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation, as described under the heading "Description of System1 Securities-System1 Warrants" in the Company's registration statement on Form S-4 (File No. 333-260714).

Remarks:

Exhibit 24 - Power of Attorney. Chief Executive Officer & Chairman of System1, Inc.