Filsinger Paul 4
4 · System1, Inc. · Filed May 12, 2022
Insider Transaction Report
Form 4
Filsinger Paul
President
Transactions
- Award
Class A Common Stock
2022-05-10+90,000→ 425,032 total
Footnotes (1)
- [F1]Mr. Filsinger was granted 90,000 restricted stock units ("RSUs") in connection with his continued employment with System1, Inc. ("SST"). Each RSU represents the right to receive one share of SST Class A Common Stock upon vesting. Subject to the continued employment of Mr. Filsinger through the applicable vesting dates, (i) 4,500 of the RSUs will vest on January 28, 2023, (ii) 13,500 of the RSUs will vest in quarterly installments of 3,375 each on January 28, April 28, July 28 and October 28, 2024 and (iii) the remaining 72,000 RSUs will vest in eight (8) quarterly installments of 9,000 each on the quarterly anniversary thereafter.