Form 4 for SST System1, Inc.
Accepted 2023-12-18 00:00:00 ET · period of report 2023-12-15 · accession 0001912571-23-000005 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2023-12-18 | 2023-12-15 | SST | Lone Star Friends Trust | 10% | P - Purchase | $1.42 | +880.0K | 6.61M | +15% | +$1.25M |
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 | 2023-12-15 | P | A | 880,000 | $1.42 | 6,612,956 | I Trust (Lone Star Friends Trust) | — | — | (F2) Lone Star Friends Trust purchased 880,000 shares in a privately negotiated arm's length transaction from another existing holder of the Issuer's Class A common stock. The aggregate purchase price for the acquired shares was $1,250,000. (F3) Includes 1,533 shares received in connection with pro-rata distributions from OpenMail2, LLC to its members, for no consideration and in an exempt transaction under Rule 16a-9, since the Reporting Person's last reportable transaction filed on Form 4. (F4) Reflects securities held by the Lone Star Friends Trust ("Lone Star"). Mr. Blend is the Trustee of Lone Star, with sole voting and dispositive power over the assets of Lone Star. |