System1, Inc. — Director's Dealing 2023

Apr 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: System1, Inc. (SST)
CIK: 0001805833
Period of Report: 2023-04-15

Reporting Person: Weinrot Daniel J (General Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-15	Class A Common Stock	F	752	$4.05	Disposed	127755	Direct

Footnotes

F1: Upon the vesting of 1,842 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 752 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2: Includes 69,894 unvested RSUs.

F3: Includes 906 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.