Lone Star Friends Trust - 21 Nov 2022 Form 4 Insider Report for System1, Inc. (SST)

Role: 10%+ Owner
Signature: /s/ Daniel Weinrot, Attoney-in-Fact for Lone Star Friends Trust
Issuer symbol: SST
Transactions as of: 21 Nov 2022
Net transactions value: +$197,202
Form type: 4
Filing time: 23 Nov 2022, 18:05:51 UTC
Previous filing: 16 Nov 2022
Next filing: 29 Nov 2022
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	Purchase	$138,300	+27,660	+0.49%	$5.00	5,671,086	21 Nov 2022	Direct	F1
transaction	SST	Class A Common Stock	Purchase	$58,902	+11,804	+0.21%	$4.99	5,682,890	22 Nov 2022	Direct	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 $4.94 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.
F2	The price reported in Column 4 is a weighted average price. The shares were purchased in more than one transaction at prices ranging from $4.84 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.

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 $4.94 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.

The price reported in Column 4 is a weighted average price. The shares were purchased in more than one transaction at prices ranging from $4.84 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.