TRASIMENE TREBIA, LP reported 2 transactions at SYSTEM1, INC.
Review the transaction codes below to understand the nature of each event.
Filed: 1/28/2022ACC: 0001140361-22-003133
Director10% Owner
Since Jun 2020
+1.91M
Net shares
Net buyer
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
4.73M acquired · 2.82M disposed
Non-Derivative Transactions2
Class A common stock, par value $0.0001 per share
Direct
Shares
−833.75K
Price / share
—
Trade value
—
% of position
12.7%
1/26/2022
6.56M→5.73M
Class A common stock, par value $0.0001 per share
Direct
Shares
−1.99M
Price / share
—
Trade value
—
% of position
34.8%
1/27/2022
5.73M→3.74M
Total
Net shares
−2.82M
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A common stock, par value $0.0001 per share Direct | 1/26/2022 | J · J | −833.75K | — | — | 12.7% | 6.56M | 5.73M |
| Class A common stock, par value $0.0001 per share Direct | 1/27/2022 | J · J | −1.99M | — | — | 34.8% | 5.73M | 3.74M |
| Total | −2.82M | $0.00 | ||||||
Derivative Transactions1
Warrants
Direct
Converts to
Class A common stock, par value $0.0001
4.73M shares
Shares
+4.73M
Strike price
11.5
Held after
4.73M
Exercisable
—
1/27/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrants Direct | Class A common stock, par value $0.00014.73M shares | 1/27/2022 | A · Award | +4.73M | 11.5 | — | 4.73M |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)1
Class D common stock, par value $0.0001 per share
DirectUnderlying security
Class A common stock, par value $0.0001
Underlying shares
833.75K
Shares owned
833.75K
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
833.75K
Owned
833.75K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Class D common stock, par value $0.0001 per share Direct | Class A common stock, par value $0.0001 | — | — | 833.75K | 833.75K | |
| Total | 833.75K | 833.75K | ||||