Form 4 for SST System1, Inc.
Accepted 2023-08-17 00:00:00 ET · period of report 2023-08-15 · accession 0001628280-23-029913 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-08-17 | 2023-08-15 | SST | Naidu Taryn Jogi | Dir | A - Grant | $0.00 | +95.6K | 95.6K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-08-15 | A | A | 95,628 | $0.00 | 95,628 | D | — | — | (F1) Represents a grant of 95,628 restricted stock units ("RSUs) which convert into Class A Common Stock on a one-for-one basis, pursuant to the 2022 Incentive Award Plan of the Issuer in connection with Mr. Naidu's appointment as a member of its Board of Directors. The RSUs vest as follows: 9,563 vest on September 15, 2023, and the remaining RSUs vest in three (3) substantially equal installments on each of December 15, 2023, March 15, 2024 and June 15, 2024 as long Mr. Naidu continues to serve as a Director of the Issuer through the applicable vesting dates. (F2) Includes 95,628 unvested RSUs. |