System1, Inc. — Director's Dealing 2022

Apr 22, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: System1, Inc. (SST)
CIK: 0001805833
Period of Report: 2022-04-20

Reporting Person: Blend L Michael (Director, CEO & Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-20	Class A Common Stock	J	3086790	$0.00	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	725000	Direct

Footnotes

F1: On April 20, 2022, Lone Investment Holdings, LLC ("LIH") distributed 3,086,790 shares to its members on a pro rata basis for no consideration. Mr. Blend is the manager of LIH, and may be deemed to have voting and dispositive power over the shares held by LIH. Mr. Blend disclaims beneficial ownership in the shares held by LIH except to the extent of his pecuniary interest therein. These transactions did not involve any sales into the open market.