Skip to main content

Cannae Holdings, LLC's Form 4 filing

System1, Inc. (SST) · filed May 23, 2022

Accession no.
0001704720-22-000038
Filed
May 23, 2022, 5:25 PM ET
Trade date
May 20-23, 2022
Filing delay
3 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 2 non-derivative transactions. Open-market sales total $2.28M. It was filed 3 days after the trade.

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.

Reporting owners on this filing
OwnerRelationship to the company
Cannae Holdings, LLCCIK 000154614810% Owner
Cannae Holdings, Inc.CIK 000170472010% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
May 20, 2022Class A Common StockSSaleDisposed−200,000$10.55F1,F2−$2,110,32025,466,724Indirect
May 23, 2022Class A Common StockSSaleDisposed−16,165$10.64F1,F4−$172,066.7325,450,559Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The number of shares of Class A common stock reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price per share. The Reporting Persons undertake to provide to the Issuer, any stockholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, the number of shares sold at each separate price within the range.

Referenced by the price of 2 transactions in Table I.

F2

Sales prices range from $10.55 to $10.67 per share, inclusive.

Referenced by the price of 1 transaction in Table I.

F4

Sales prices range from $10.55 to $10.76 per share, inclusive.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)