System1, Inc. — Director's Dealing 2023

Aug 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: System1, Inc. (SST)
CIK: 0001805833
Period of Report: 2023-07-31

Reporting Person: Sestanovich Elizabeth (Chief People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-31	Class A Common Stock	A	30000	—	Acquired	165201	Direct

Footnotes

F1: Ms. Sestanovich was granted 30,000 restricted stock units ("RSUs") in connection with her 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 Ms. Sestanovich through the applicable vesting date, all 30,000 of the RSUs will vest in full on January 27, 2024.

F2: Includes 80,132 unvested RSUs.