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

Role
Director
Signature
/s/ Daniel Weinrot, Attorney-in-Fact for Caroline Horn
Stock symbol
SST
Transactions as of
May 10, 2022
Transactions value $
$0
Form type
4
Date filed
5/12/2022, 09:24 PM
Previous filing
Jan 31, 2022
Next filing
Aug 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SST Class A Common Stock Award $0 +26K $0.00 26K May 10, 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.