Lone Star Friends Trust - Nov 14, 2022 Form 4 Insider Report for System1, Inc. (SST)

Role
10%+ Owner
Signature
/s/ Daniel Weinrot, Attoney-in-Fact for Lone Star Friends Trust
Stock symbol
SST
Transactions as of
Nov 14, 2022
Transactions value $
$143,766
Form type
4
Date filed
11/16/2022, 06:45 PM
Previous filing
Apr 22, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SST Class A Common Stock Purchase $39.8K +9.2K +0.16% $4.33 5.62M Nov 14, 2022 Direct F1, F2
transaction SST Class A Common Stock Purchase $57.7K +12.1K +0.21% $4.78 5.63M Nov 15, 2022 Direct F3
transaction SST Class A Common Stock Purchase $46.2K +9.26K +0.16% $4.99 5.64M Nov 16, 2022 Direct F4
* 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 $4.04 to $4.54, 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 3,761 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.
F3 The price reported in Column 4 is a weighted average price. The shares were purchased in more than one transaction at prices ranging from $4.60 to $5.00, 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.
F4 The price reported in Column 4 is a weighted average price. The shares were purchased in more than one transaction at prices ranging from $4.98 to $5.00, 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.