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System1, Inc. — Director's Dealing 2022
Mar 7, 2022
34424_dirs_2022-03-07_87930bbf-e69d-422c-b3a0-7f139f56ad81.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: System1, Inc. (SST)
CIK: 0001805833
Period of Report: 2022-01-28
Reporting Person: Kazerani Moujan (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-28 | Class A Common Stock | P | 20500 | $10.31 | Acquired | 20500 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-28 | Warrants (right to buy) | $ | P | 40700 | Acquired | Class A Common Stock (40700) | Indirect |
Footnotes
F1: Represents the weighted average purchase price paid. These shares were purchased in multiple transactions at prices ranging from $9.96 to $10.59, inclusive. The reporting person undertakes to provide to System1, Inc. (the "Company"), any securityholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.
F2: Each warrant entitles the holder thereof to purchase one share of Class A common stock of System1, Inc. (the "Company") at an exercise price of $11.50 per share. The warrants become exercisable 30 days after the completion of the Business Combination. The warrants expire five years after the completion of the Business Combination or earlier upon redemption or liquidation, as described under the heading "Description of System1 Securities-System1 Warrants" in the Company's registration statement on Form S-4 (File No. 333-260714).
F3: Represents the weighted average purchase price paid. These warrants were purchased in multiple transactions at prices ranging from $1.00 to $1.06, inclusive. The reporting person undertakes to provide to the Company, any securityholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants purchased at each separate price within the ranges set forth in this footnote to this Form 4.