Key facts
- This page summarizes William P. Foley II's Form 4 filing for System1, Inc. (SST).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 12 May 2022, 21:46.
William P. Foley II - 10 May 2022 Form 4 Insider Report for System1, Inc. (SST)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- SST
- Reported as of
- 10 May 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 12 May 2022, 21:46:09 UTC
- Prior SEC filing
- 04 Apr 2022
- Next SEC filing
- 05 Jul 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Daniel Weinrot, Attorney-in-Fact for William P. Foley, II
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
William P. Foley II filed Form 4 for System1, Inc. (SST) on 12 May 2022.
Change
- Previous filing in this sequence was filed on 04 Apr 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SST
transaction
Class A common stock, par value $0.0001 per share
Award
- Transaction value
- Shares
- +24,000
- Change %
- Price
- Shares after
- 24,000
- Date
- 10 May 2022
- Ownership
- Direct
- Footnotes
- F1, F2
SST
holding
Class A common stock, par value $0.0001 per share
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 6,601,898
- Date
- 10 May 2022
- Ownership
- See Note
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Represents an award of restricted stock units pursuant to the Issuer's 2022 Incentive Award Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. Pursuant to the terms of the award agreement, 4,800 of the restricted stock units vested on the date of grant, and the remaining aggregate 19,200 restricted stock units will vest ratably on each of July 28, 2022, October 28, 2022, January 28, 2023 and April 28, 2023.
Footnote F2
Not applicable.
Footnote F3
Directly owned by Trasimene Trebia, LP ("Trasimene"). The Reporting Person is the sole member of Trasimene Trebia, LLC ("Trasimene Trebia" and together with Trasimene and the Reporting Person, the "Parties"), which is the sole general partner of Trasimene. Because of the relationships among the Parties, the Parties may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each of the Parties disclaims beneficial ownership of the securities reported herein, except to the extent of such Party's pecuniary interest therein, if any.
SEC remarks
Exhibit 24.1 (Power of Attorney) is hereby incorporated by reference herein.