Lone Star Friends Trust's Form 4 filing
System1, Inc. (SST) · filed Apr 21, 2022
- Accession no.
- 0000899243-22-015380
- Filed
- Apr 21, 2022, 9:47 PM ET
- Trade date
- Apr 13-19, 2022
- Filing delay
- 8 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $5.75M. It was filed 8 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Lone Star Friends TrustCIK 0001909643 | 10% Owner |
| Blend StanleyCIK 0001912571 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 13, 2022 | Class A Common Stock | GGiftDisposed | −1,000,000 | $0.00 | $0 | 2,537,147 | Direct | |
| Apr 19, 2022 | Class A Common Stock | XIn-the-money exerciseAcquired | +500,000 | $11.50 | +$5,750,000 | 3,037,147 | Direct | |
| Apr 19, 2022 | Class A Common Stock | SSaleDisposed | −285,459 | $20.14 | −$5,749,144.26 | 2,751,688 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 19, 2022 | Class A common stock, par value $0.0001 per share | XIn-the-money exerciseDisposed | −500,000 | – | – | 0 | Direct |
Footnotes
Livermore does not store Form 4 footnotes. For price ranges, how indirect holdings are held and trading plan details, read the original on SEC EDGAR.