Lone Star Friends Trust's Form 4 filing
System1, Inc. (SST) · filed Dec 18, 2023
- Accession no.
- 0001912571-23-000005
- Filed
- Dec 18, 2023, 7:32 PM ET
- Trade date
- Dec 15, 2023
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not checked
This filing lists 1 non-derivative transaction. Open-market purchases total $1.25M. 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.
| 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 |
|---|---|---|---|---|---|---|---|---|
| Dec 15, 2023 | Class A Common Stock | PPurchaseAcquired | +880,000 | $1.42F2 | +$1,249,600 | 6,612,956 | Indirect |
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.
- F2
Lone Star Friends Trust purchased 880,000 shares in a privately negotiated arm's length transaction from another existing holder of the Issuer's Class A common stock. The aggregate purchase price for the acquired shares was $1,250,000.
Referenced by the price of 1 transaction in Table I.