Form 4 for SST System1, Inc.
Accepted 2024-06-13 00:00:00 ET · period of report 2024-06-11 · accession 0001628280-24-028155 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-06-13 | 2024-06-11 | SST | Kumar Tanmay | Dir | A - Grant | $0.00 | +120.0K | 202.0K | +146% | $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 | 2024-06-11 | A | A | 120,000 | $0.00 | 201,967 | D | — | — | (F1) Represents a grant of 126,667 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 continued service as a member of its Board of Directors as of the close of business on the date of its annual shareholder meeting. The RSUs vest in four (4) substantially equal quarterly installments on each of September 15, 2024, December 15, 2024, March 15, 2025 and June 15, 2025 as long Mr. Kumar continues to serve as a Director of the Issuer through the applicable vesting dates. (F2) Includes 144,591 unvested RSUs. |