Home/Filings/4/A/0001912571-24-000002
4/A//SEC Filing

Blend Stanley 4/A

Accession 0001912571-24-000002

CIK 0001805833other

Filed

Mar 18, 8:00 PM ET

Accepted

Mar 19, 6:53 PM ET

Size

7.1 KB

Accession

0001912571-24-000002

Insider Transaction Report

Form 4/AAmended
Period: 2023-12-15
Blend Stanley
10% Owner
Transactions
  • Purchase

    Class A Common Stock

    2023-12-15$1.42/sh+880,281$1,249,9996,613,237 total(indirect: By Trust)
Footnotes (5)
  • [F1]Lone Star Friends Trust purchased 880,281 shares in a privately negotiated arm's length transaction from another existing holder of the Issuer's Class A common stock in a transaction that was not conducted through the exchange on which the Issuer's securities are listed.
  • [F2]The original Form 4, filed on December 18, 2023, is being amended by this Form 4 amendment solely to correct an administrative error. The original Form 4 reported that 880,000 shares of Class A common stock were purchased by the Reporting Person in a private transaction on December 15, 2023. As a result of this administrative error, the number of shares acquired by the Reporting Person as reported on the original Form 4 was under-reported by a total of 281 shares.
  • [F3]Lone Star Friends Trust purchased 880,281 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.
  • [F4]Includes 1,533 shares received in connection with pro-rata distributions from OpenMail2, LLC to its members, for no consideration and in an exempt transaction under Rule 16a-9, since the Reporting Person's last reportable transaction filed on Form 4.
  • [F5]Reflects securities held by the Lone Star Friends Trust ("Lone Star"). Mr. Blend is the Trustee of Lone Star, with sole voting and dispositive power over the assets of Lone Star.

Issuer

System1, Inc.

CIK 0001805833

Entity typeother

Related Parties

1
  • filerCIK 0001912571

Filing Metadata

Form type
4/A
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 6:53 PM ET
Size
7.1 KB