Tridivesh Kidambi - Nov 14, 2022 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: Nov 14, 2022
Transactions value $: $69,985
Form type: 4
Date filed: 11/16/2022, 06:46 PM
Previous filing: Oct 17, 2022
Next filing: Jan 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SST	Class A Common Stock	Purchase	$70K	+15.9K	+2.5%	$4.39	654K	Nov 14, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. The shares were purchased in more than one transaction at prices ranging from $4.20 to $4.50, inclusive. The Reporting Person(s) undertake(s) to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2	Includes 4,180 shares received in connection with pro-rata distributions from OpenMail2, LLC to its member, for no consideration and in an exempt transaction under Rule 16a-9, since the Reporting Person's last reportable transaction filed on Form 4.

Content

The price reported in Column 4 is a weighted average price. The shares were purchased in more than one transaction at prices ranging from $4.20 to $4.50, inclusive. The Reporting Person(s) undertake(s) to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Includes 4,180 shares received in connection with pro-rata distributions from OpenMail2, LLC to its member, for no consideration and in an exempt transaction under Rule 16a-9, since the Reporting Person's last reportable transaction filed on Form 4.