System1, Inc. — Director's Dealing 2024

Jul 22, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: System1, Inc. (SST)
CIK: 0001805833
Period of Report: 2024-07-18

Reporting Person: Kidambi Tridivesh (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-07-18	Class A Common Stock	A	100000	—	Acquired	742308	Direct

Footnotes

F1: The Reporting Person was granted 100,000 restricted stock units ("RSUs") in connection with his 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 the Reporting Person through the applicable vesting date, one-third of the RSUs will vest on January 15, 2025, and the remaining two-thirds will vest in 8 substantially equal quarterly installments on each quarterly anniversary thereafter.

F2: The amount of securities beneficially owned following the reported transaction has been updated to correct a previous overstatement of such beneficially owned shares by 34,604 shares of Class A Common Stock, and the amount of beneficially owned shares following the reported transaction has been reduced accordingly.

F3: Includes 143,750 unvested RSUs.