System1, Inc. — Director's Dealing 2024

Apr 19, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: System1, Inc. (SST)
CIK: 0001805833
Period of Report: 2024-04-17

Reporting Person: Caswell Ryan R. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-04-17	Class A Common Stock	A	15981	—	Acquired	115778	Direct

Footnotes

F1: Represents a grant of 15,981 restricted stock units ("RSUs) which convert into Class A Common Stock on a one-for-one basis, pursuant to the 2022 Incentive Award Plan of the Issuer in connection with Mr. Caswell's service as a member of its Board of Directors through the Issuer's annual shareholding meeting to be held in 2024. The RSUs vest in full on June 19, 2024 as long Mr. Caswell continues to serve as a Director of the Issuer through the applicable vesting dates.

F2: Includes 15,981 unvested RSUs.