Form 4 for SST System1, Inc.
Accepted 2024-07-22 00:00:00 ET · period of report 2024-07-18 · accession 0001906862-24-000006 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-07-22 | 2024-07-18 | SST | Kidambi Tridivesh | CFO | A - Grant | $0.00 | +100.0K | 742.3K | +16% | $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 | 2024-07-18 | A | A | 100,000 | $0.00 | 742,308 | D | — | — | (F1) The Reporting Person was granted 100,000 restricted stock units ("RSUs") in connection with his continued employment with System1, Inc. ("SST"). Each RSU represents the right to receive one share of SST Class A Common Stock upon vesting. Subject to the continued employment of the Reporting Person through the applicable vesting date, one-third of the RSUs will vest on January 15, 2025, and the remaining two-thirds will vest in 8 substantially equal quarterly installments on each quarterly anniversary thereafter. (F2) The amount of securities beneficially owned following the reported transaction has been updated to correct a previous overstatement of such beneficially owned shares by 34,604 shares of Class A Common Stock, and the amount of beneficially owned shares following the reported transaction has been reduced accordingly. (F3) Includes 143,750 unvested RSUs. |