L. Michael Blend - 17 Jun 2024 Form 4 Insider Report for System1, Inc. (SST)

Signature
/s/ Daniel Weinrot, Attorney-in-Fact for Michael Blend
Issuer symbol
SST
Transactions as of
17 Jun 2024
Net transactions value
-$1,087,500
Form type
4
Filing time
21 Jun 2024, 21:00:39 UTC
Previous filing
18 Dec 2023
Next filing
03 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SST Class A Common Stock Sale $1,087,500 -725,000 -100% $1.50 0 17 Jun 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Blend sold 725,000 shares to CEE Holdings Trust, a trust established for the benefit of Mr. Charles Ursini, the Company's Co-Founder, President & Chief Operating Officer, and a member of the Board of Directors, in a privately negotiated arm's length transaction that was not conducted through the exchange on which the Issuer's publicly traded securities are listed.