Blend L Michael 4
4 · System1, Inc. · Filed Apr 22, 2022
Insider Transaction Report
Form 4
Blend L Michael
DirectorCEO & Chairman
Transactions
- Other
Class A Common Stock
2022-04-20−3,086,790→ 0 total(indirect: By LLC)
Holdings
- 725,000
Class A Common Stock
Footnotes (1)
- [F1]On April 20, 2022, Lone Investment Holdings, LLC ("LIH") distributed 3,086,790 shares to its members on a pro rata basis for no consideration. Mr. Blend is the manager of LIH, and may be deemed to have voting and dispositive power over the shares held by LIH. Mr. Blend disclaims beneficial ownership in the shares held by LIH except to the extent of his pecuniary interest therein. These transactions did not involve any sales into the open market.