Daniel J. Weinrot - Jan 13, 2023 Form 4 Insider Report for System1, Inc. (SST)

Role
General Counsel
Signature
/s/ Daniel J Weinrot
Stock symbol
SST
Transactions as of
Jan 13, 2023
Transactions value $
-$5,205
Form type
4
Date filed
1/18/2023, 06:29 PM
Previous filing
Oct 17, 2022
Next filing
Jan 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SST Class A Common Stock Tax liability -$5.21K -1.06K -0.81% $4.92 129K Jan 13, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon the vesting of 2,579 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 1,058 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.
F2 Includes 74,736 unvested RSUs.
F3 Includes 906 shares received in connection with pro-rata distributions from OpenMail2, LLC to its members, for no consideration and in an exempt transaction under Rule 16a-9, since the Reporting Person's last reportable transaction filed on Form 4.