Cannae Holdings, Inc. - Apr 22, 2022 Form 4 Insider Report for System1, Inc. (SST)

Role
10%+ Owner
Signature
See Exhibit 99.1 for Signatures
Stock symbol
SST
Transactions as of
Apr 22, 2022
Transactions value $
-$713,994
Form type
4
Date filed
4/26/2022, 05:00 PM
Previous filing
Apr 21, 2022
Next filing
Apr 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SST Class A Common Stock Sale -$714K -50.9K -0.19% $14.02* 26.4M Apr 22, 2022 See Note 4 F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares of Class A common stock reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price per share. The Reporting Persons undertake to provide to the Issuer, any stockholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, the number of shares sold at each separate price within the range.
F2 Sales prices range from $14.17 to $14.00 per share, inclusive.
F3 Due to a typographical error, the number of shares in Column 5 of Table I was reported as 26,453,256 in the prior Form 4 filed on April 21, 2022. This number should have been 26,453,226.
F4 Directly held by Cannae Holdings, LLC, which is a wholly-owned subsidiary of Cannae Holdings, Inc.

Remarks:

Exhibit 99.1 (Joint Filer Information) is incorporated herein by reference.