Brian Coppola - 15 Jan 2025 Form 4 Insider Report for System1, Inc. (SST)

Signature
/s/ Daniel Weinrot, Attorney-in-Fact for Brian Coppola
Issuer symbol
SST
Transactions as of
15 Jan 2025
Net transactions value
-$10,047
Form type
4
Filing time
17 Jan 2025, 19:00:05 UTC
Previous filing
31 Oct 2024
Next filing
30 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SST Class A Common Stock Tax liability $10,047 -16,205 -5.3% $0.6200 286,930 15 Jan 2025 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 33,016 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 16,205 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.
F2 Includes 1,044 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.
F3 Includes 83,738 unvested RSUs.