AI assistant
System1, Inc. — Director's Dealing 2024
Jun 21, 2024
34424_dirs_2024-06-21_627942a1-3c2f-4eae-bd04-749e70929efa.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: System1, Inc. (SST)
CIK: 0001805833
Period of Report: 2024-06-17
Reporting Person: Lone Star Friends Trust (10% Owner)
Reporting Person: Blend Stanley (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-17 | Class A Common Stock | S | 4775000 | $1.50 | Disposed | 956423 | Indirect |
Footnotes
F1: Lone Star Friends Trust, a trust established for the benefit of Mr. Michael Blend, the Company's Co-Founder, CEO and Chairman of the Board, sold 4,775,000 shares to CEE Holdings Trust, a trust established for the benefit of Mr. Charles Ursini, the Company's Co-Founder, President & Chief Operating Officer, and a member of the Board of Directors, in a privately negotiated arm's length transaction that was not conducted through the exchange on which the Issuer's publicly traded securities are listed.
F2: In connection with the sale reported on this Form 4, the Reporting Person disgorged $930.00 to the Company with respect to 11,613 shares purchased by the Reporting Person in March 2024 pursuant to a 10b5-1 trading plan previously entered into by the Reporting Person.
F3: Mr. Stanley Blend is the Trustee of Lone Star Friends Trust.