Elizabeth Sestanovich - 28 Jan 2025 Form 4 Insider Report for System1, Inc. (SST)

Role
Chief People Officer
Signature
/s/ Daniel Weinrot, Attorney-in-Fact for Elizabeth Sestanovich
Issuer symbol
SST
Transactions as of
28 Jan 2025
Net transactions value
-$1,187
Form type
4
Filing time
30 Jan 2025, 19:27:15 UTC
Previous filing
17 Jan 2025
Next filing
17 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SST Class A Common Stock Tax liability $1,187 -1,541 -0.73% $0.7700 210,669 28 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 3,750 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 1,541 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.
F2 Includes 174 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 68,600 unvested RSUs.