Tanmay Kumar - 15 Aug 2023 Form 4 Insider Report for System1, Inc. (SST)

Reporting relationship: Director
Issuer ticker: SST
Reported as of: 15 Aug 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Aug 2023, 20:14:58 UTC
Next SEC filing: 13 Jun 2024
Source filing: View source filing
Reporting owner signature: /s/ Daniel Weinrot, Attorney-in-Fact for Tanmay Kumar

Key filing fact

Tanmay Kumar filed Form 4 for System1, Inc. (SST) on 17 Aug 2023.

Key facts

This page summarizes Tanmay Kumar's Form 4 filing for System1, Inc. (SST).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 17 Aug 2023, 20:14.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SST transaction

Class A Common Stock

Award

Transaction value: $0
Shares: +81,967
Change %
Price: $0.000000
Shares after: 81,967
Date: 15 Aug 2023
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents a grant of 81,967 restricted stock units ("RSUs) which convert into Class A Common Stock on a one-for-one basis, pursuant to the 2022 Incentive Award Plan of the Issuer in connection with Mr. Kumar's appoitnment as a member of its Board of Directors. The RSUs vest as follows: 8,197 vest on September 15, 2023, and the remaining RSUs vest in three (3) substantially equal installments on each of December 15, 2023, March 15, 2024 and June 15, 2024 as long Mr. Naidu continues to serve as a Director of the Issuer through the applicable vesting dates.

Footnote F2

Includes 81,967 unvested RSUs.