Form 4 for SST System1, Inc.
Accepted 2023-08-17 00:00:00 ET · period of report 2023-08-15 · accession 0001628280-23-029914 · 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 | Kumar Tanmay | Dir | A - Grant | $0.00 | +82.0K | 82.0K | 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 | 81,967 | $0.00 | 81,967 | D | — | — | (F1) Represents a grant of 81,967 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. Kumar's appoitnment as a member of its Board of Directors. The RSUs vest as follows: 8,197 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 81,967 unvested RSUs. |