System1, Inc. — Director's Dealing 2023

Aug 1, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: System1, Inc. (SST)
CIK: 0001805833
Period of Report: 2023-07-28

Reporting Person: Kidambi Tridivesh (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-28	Class A Common Stock	F	3891	$2.90	Disposed	655504	Direct

Footnotes

F1: Upon the vesting of 11,250 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 3,891 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2: Includes 72,500 unvested RSUs.

F3: Includes 4,180 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.