Caroline Horn - 10 May 2022 Form 4 Insider Report for System1, Inc. (SST)

Role
Director
Signature
/s/ Daniel Weinrot, Attorney-in-Fact for Caroline Horn
Issuer symbol
SST
Transactions as of
10 May 2022
Net transactions value
$0
Form type
4
Filing time
12 May 2022, 21:24:54 UTC
Previous filing
31 Jan 2022
Next filing
02 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SST Class A Common Stock Award $0 +26,000 $0.000000 26,000 10 May 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs) which convert into Class A Common Stock on a one-for-one basis, pursuant to the 2022 Incentive Award Plan of the Issuer. As of the grant date (May 10, 2022) 5,200 RSUs were fully vested, and the remaining aggregate 20,800 will vest in four equal installments on each of July 28, 2022, October 28, 2022, January 28, 2023 and April 28, 2023.