TRASIMENE TREBIA, LP exercised options at SYSTEM1, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 4/20/2022ACC: 0001140361-22-015238
Director10% Owner
Since Jun 2020
-2.70M
Net shares
Net seller
$54.44M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
4.73M acquired · 7.44M disposed
Non-Derivative Transactions2
Class A common stock, par value $0.0001 per share
Direct
Shares
+4.73M
Price / share
$11.50
Trade value
$54.44M
% of position
103.6%
4/19/2022
4.57M→9.31M
Class A common stock, par value $0.0001 per share
Direct
Shares
−2.70M
Price / share
$20.14
Trade value
$54.44M
% of position
29.1%
4/19/2022
9.31M→6.60M
Total
Net shares
+2.03M
Net value
-$10.86
| 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 | 4/19/2022 | M · Option Exercise | +4.73M | $11.50 | $54.44M | 103.6% | 4.57M | 9.31M |
| Class A common stock, par value $0.0001 per share Direct | 4/19/2022 | D · Disposition | −2.70M | $20.14 | $54.44M | 29.1% | 9.31M | 6.60M |
| Total | +2.03M | -$10.86 | ||||||
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
0.00
Exercisable
—
4/19/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrants Direct | Class A common stock, par value $0.00014.73M shares | 4/19/2022 | M · Option Exercise | −4.73M | 11.5 | — | 0.00 |