Tridivesh Kidambi - Jan 27, 2022 Form 3 Insider Report for System1, Inc. (SST)

Role
CFO & Treasurer
Signature
/s/ Daniel Weinrot, Attorney-in-Fact for Tridivesh Kidambi
Stock symbol
SST
Transactions as of
Jan 27, 2022
Transactions value $
$0
Form type
3
Date filed
2/1/2022, 12:51 PM
Next filing
Apr 22, 2022

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) Jan 27, 2022 CFO & Treasurer 15K 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.