Home > Insider Trading > Filing (0001908124-22-000009)

Filing Details

Accession Number:: 0001908124-22-000009
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-09-02 19:29:59
Reporting Period:: 2022-08-31

Accepted Time:: 2022-09-02 19:29:59
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1805833	System1 Inc.	SST	Services-Computer Programming, Data Processing, Etc. (7370)	981531250

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1908124	Stephen Christopher Phillips	C/O System1, Inc. 4235 Redwood Avenue Los Angeles CA 90066		Yes	No	Yes	No
1909642	Ltd It Develop Just	Larch House Parklands Business Park Denmead Hampshire X0 P07 6XP		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2022-08-31	21,087	$11.25	20,235,275	No	4	S	Indirect	By Just Develop It Ltd
Class A Common Stock	Disposition	2022-09-01	67,247	$11.42	20,168,028	No	4	S	Indirect	By Just Develop It Ltd
Class A Common Stock	Disposition	2022-09-02	165,400	$11.49	20,002,628	No	4	S	Indirect	By Just Develop It Ltd

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Just Develop It Ltd
No	4	S	Indirect	By Just Develop It Ltd
No	4	S	Indirect	By Just Develop It Ltd

Footnotes

The price reported in Column 4 is a weighted average price. The shares were purchased in more than one transaction at prices ranging from $11.24 to $11.31, inclusive. The Reporting Person(s) undertake(s) to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Christopher Phillips, a director of the Company, is a director of Just Develop It Limited ("JDI"). Mr. Phillips is also JDI's controlling stockholder. Mr. Phillips has voting and dispositive power over the securities held by JDI and thus may be deemed to beneficially own the shares held by JDI, but disclaims such beneficial ownership except to any pecuniary interest therein.
The price reported in Column 4 is a weighted average price. The shares were purchased in more than one transaction at prices ranging from $11.24 to $11.50, inclusive. The Reporting Person(s) undertake(s) to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. The shares were purchased in more than one transaction at prices ranging from $11.48 to $11.50, inclusive. The Reporting Person(s) undertake(s) to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.