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

Role: Chief Technology Officer
Signature: /s/ Daniel Weinrot, Attorney-in-Fact for Chief Technology Officer
Stock symbol: SST
Transactions as of: May 10, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/12/2022, 09:45 PM
Previous filing: Feb 1, 2022
Next filing: Jun 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SST	Class A Common Stock	Award	$0	+75K	+1840.94%	$0.00	79.1K	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	Ms. Robinson was granted 75,000 restricted stock units ("RSUs") in connection with her continued employment with System1, Inc. ("SST"). Each RSU represents the right to receive one share of SST common stock upon vesting. Subject to Ms. Robinson's continued employment though the applicable vesting dates, (i) 25,000 of the RSUs will vest on January 28, 2023 and (ii) the remaining 50,000 of the RSUs will vest in eight (8) quarterly installments of 6,250 each on the quarterly anniversary thereafter.

Content

Ms. Robinson was granted 75,000 restricted stock units ("RSUs") in connection with her continued employment with System1, Inc. ("SST"). Each RSU represents the right to receive one share of SST common stock upon vesting. Subject to Ms. Robinson's continued employment though the applicable vesting dates, (i) 25,000 of the RSUs will vest on January 28, 2023 and (ii) the remaining 50,000 of the RSUs will vest in eight (8) quarterly installments of 6,250 each on the quarterly anniversary thereafter.