Tridivesh Kidambi - Jul 31, 2023 Form 4 Insider Report for System1, Inc. (SST)

Role
Chief Financial Officer
Signature
/s/ Daniel Weinrot, Attorney-in-Fact for Tridivesh Kidambi
Stock symbol
SST
Transactions as of
Jul 31, 2023
Transactions value $
$0
Form type
4
Date filed
8/2/2023, 06:25 PM
Previous filing
Aug 1, 2023
Next filing
Oct 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SST Class A Common Stock Award $0 +50K +7.63% $0.00 706K Jul 31, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Kidambi was granted 50,000 restricted stock units ("RSUs") in connection with his continued employment with System1, Inc. ("SST"). Each RSU represents the right to receive one share of SST Class A Common Stock upon vesting. Subject to the continued employment of Mr. Kidambi through the applicable vesting date, all 50,000 of the RSUs will vest in full on January 27, 2024.
F2 Includes 122,500 unvested RSUs.