InsiderTrades

Form 4 for SST System1, Inc.

Accepted 2024-12-27 00:00:00 ET · period of report 2024-12-24 · accession 0001912571-24-000009 · 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
DI 2024-12-27 2024-12-24 SST Lone Star Friends Trust 10% C - Cnv Deriv — +2.50M 2.50M New —
DI 2024-12-27 2024-12-24 SST Lone Star Friends Trust 10% C - Cnv Deriv — -2.50M 4.48M -36% —

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class A Common Stock 2024-12-24 C A 2,500,000 — 2,500,000 I Trust (Lone Star Friends Trust) — — (F1) Pursuant to the Seventh Amended and Restated Limited Liability Company Operating Agreement of S1 Holdco, the Class B Units are redeemable (in connection with the surrender and forfeiture of the corresponding shares of Class C common stock) on a one-for-one basis for shares of the Company's Class A common stock, or, at the election of the Company, cash equal to the volume weighted average market price of a share of Class A Common Stock at the time of such redemption.
2 Derivative Class B Units 2024-12-24 C D 2,500,000 — 4,475,103 I Trust (Lone Star Friends Trust) — · — to — 2,500,000 Class A Common Stock (F1) Pursuant to the Seventh Amended and Restated Limited Liability Company Operating Agreement of S1 Holdco, the Class B Units are redeemable (in connection with the surrender and forfeiture of the corresponding shares of Class C common stock) on a one-for-one basis for shares of the Company's Class A common stock, or, at the election of the Company, cash equal to the volume weighted average market price of a share of Class A Common Stock at the time of such redemption.