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person · Reporting owner

Weinrot Daniel J

Disclosed activity across 2 companies

Tapewire entity
29768
SEC CIK
0001624457

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
LEAF GROUP LTD.LFGR · Entity 138166EVP, Gen. Counsel & SecretaryApril 01, 2018April 03, 2018
System1, Inc.SST · Entity 7602General Counsel & SecretaryJuly 15, 2026July 17, 2026

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

LEAF GROUP LTD.

Report date April 01, 2018 · Filed April 03, 2018

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common Stock, $.0001 par valueSEC Table I · non-derivativeDirect95,454 Reported balance After 2018-04-01 transaction · row 1 Account or security details depend on footnotes; rows are not merged.
1 source row

Row 1 · 2018-04-01 · Tax withholding · Disposed 480 · Balance 95,454

F1: Upon the vesting of 1,388 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 480 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2: Includes 50,489 unvested RSUs.

Filing footnotes · ownership attribution and instrument terms

F1: Upon the vesting of 1,388 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 480 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2: Includes 50,489 unvested RSUs.

System1, Inc.

Report date July 15, 2026 · Filed July 17, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Class A Common StockSEC Table I · non-derivativeDirect59,897 Reported balance After 2026-07-15 transaction · row 1 Account or security details depend on footnotes; rows are not merged.
1 source row

Row 1 · 2026-07-15 · Tax withholding · Disposed 9,156 · Balance 59,897

F1: Upon the vesting of 17,995 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 9,156 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2: Includes 36,515 unvested RSUs.

Filing footnotes · ownership attribution and instrument terms

F1: Upon the vesting of 17,995 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 9,156 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2: Includes 36,515 unvested RSUs.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
July 15, 2026 Filed Jul 17, 2026 22:07 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 9,156 $2.60 $23,805.60
Disclosure

SEC source: 0001628280-26-048712 · wk-form4_1784326022.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 59,897

F1 · shares: Upon the vesting of 17,995 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 9,156 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 36,515 unvested RSUs.

Read SEC document
April 15, 2026 Filed Apr 18, 2026 00:31 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 341 $2.26 $770.66
Disclosure

SEC source: 0001628280-26-025908 · wk-form4_1776472309.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 69,053

F1 · shares: Upon the vesting of 670 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 341 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 54,510 unvested RSUs.

Read SEC document
January 28, 2026 Filed Jan 30, 2026 00:23 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 211 $4.18 $881.98
Disclosure

SEC source: 0001628280-26-004226 · wk-form4_1769732623.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 69,394

F1 · shares: Upon the vesting of 375 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 211 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 55,180 unvested RSUs.

Read SEC document
January 15, 2026 Filed Jan 16, 2026 23:29 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 377 $4.40 $1,658.80
Disclosure

SEC source: 0001628280-26-002461 · wk-form4_1768606145.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 69,605

F1 · shares: Upon the vesting of 670 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 377 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 55,555 unvested RSUs.

Read SEC document
October 28, 2025 Filed Oct 30, 2025 22:16 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 214 $6.18 $1,322.52
Disclosure

SEC source: 0001628280-25-047627 · wk-form4_1761862565.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 69,982

F1 · shares: Upon the vesting of 375 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 214 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 56,225 unvested RSUs.

Read SEC document
October 15, 2025 Filed Oct 17, 2025 23:09 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 382 $7.94 $3,033.08
Disclosure

SEC source: 0001628280-25-045430 · wk-form4_1760742540.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 70,196

F1 · shares: Upon the vesting of 670 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 382 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 56,600 unvested RSUs.

Read SEC document
July 29, 2025 Filed Jul 30, 2025 23:38 UTC System1, Inc. SST · Entity 7602 GrantClass A Common Stock 52,500 $0.00 $0.00
Disclosure

SEC source: 0001624457-25-000012 · wk-form4_1753918734.xml · nonDerivative · entry 2

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 70,578

F3 · shares: The Reporting Person was granted 52,500 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. Weinrot through the applicable vesting date, one-third of the RSUs will vest on July 15, 2026, and the remaining two-thirds will vest in 8 substantially equal quarterly installments on each quarterly anniversary thereafter.

F4 · balance_after: Includes 57,270 unvested RSUs.

Read SEC document
July 28, 2025 Filed Jul 30, 2025 23:38 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 191 $7.51 $1,434.41
Disclosure

SEC source: 0001624457-25-000012 · wk-form4_1753918734.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,078

F1 · shares: Upon the vesting of 375 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 191 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 4,770 unvested RSUs.

Read SEC document
July 15, 2025 Filed Jul 18, 2025 00:26 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 341 $6.33 $2,158.53
Disclosure

SEC source: 0001624457-25-000010 · wk-form4_1752798392.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,269

F1 · shares: Upon the vesting of 670 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 341 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Represents the total number of shares held after the Issuer's completion of a 1-for-10 reverse stock split that occurred on June 11, 2025.

F3 · balance_after: Includes 5,145 unvested RSUs.

Read SEC document
April 28, 2025 Filed Apr 30, 2025 21:31 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 1,905 $0.41 $781.05
Disclosure

SEC source: 0001624457-25-000008 · wk-form4_1746048662.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 186,106

F1 · shares: Upon the vesting of 3,750 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 1,905 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · ownership.direct: Includes 58,150 unvested RSUs.

Read SEC document
April 15, 2025 Filed Apr 17, 2025 22:34 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 3,403 $0.31 $1,054.93
Disclosure

SEC source: 0001624457-25-000006 · wk-form4_1744929235.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 188,011

F1 · shares: Upon the vesting of 6,700 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 3,403 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 61,900 unvested RSUs.

Read SEC document
January 28, 2025 Filed Jan 31, 2025 00:26 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 2,104 $0.77 $1,620.08
Disclosure

SEC source: 0001624457-25-000004 · wk-form4_1738283176.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 191,414

F1 · shares: Upon the vesting of 3,750 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 2,104 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 209 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.

F3 · balance_after: Includes 68,600 unvested RSUs.

Read SEC document
January 15, 2025 Filed Jan 17, 2025 23:58 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 15,839 $0.62 $9,820.18
Disclosure

SEC source: 0001624457-25-000002 · wk-form4_1737158281.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 193,309

F1 · shares: Upon the vesting of 28,242 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 15,839 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 418 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.

F3 · balance_after: Includes 72,350 unvested RSUs.

Read SEC document
October 28, 2024 Filed Nov 1, 2024 01:31 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 1,901 $1.05 $1,996.05
Disclosure

SEC source: 0001628280-24-044642 · wk-form4_1730424704.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 208,730

F1 · shares: Upon the vesting of 3,750 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 1,901 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 100,592 unvested RSUs.

Read SEC document
October 15, 2024 Filed Oct 17, 2024 00:42 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 934 $1.12 $1,046.08
Disclosure

SEC source: 0001624457-24-000017 · wk-form4_1729125737.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 210,631

F1 · shares: Upon the vesting of 1,842 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 934 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 104,342 unvested RSUs.

Read SEC document
July 29, 2024 Filed Aug 1, 2024 00:33 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 1,901 $1.38 $2,623.38
Disclosure

SEC source: 0001624457-24-000015 · wk-form4_1722472409.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 211,565

F1 · shares: Upon the vesting of 3,750 restricted stock units ("RSUs") previously granted to the Reporting Person, the Company withheld 1,901 shares to cover the Reporting Person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 106,184 unvested RSUs.

Read SEC document
July 18, 2024 Filed Jul 23, 2024 00:31 UTC System1, Inc. SST · Entity 7602 GrantClass A Common Stock 80,000 $0.00 $0.00
Disclosure

SEC source: 0001624457-24-000013 · wk-form4_1721694665.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 213,466

F1 · shares: The Reporting Person was granted 80,000 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 the Reporting Person through the applicable vesting date, one-third of the RSUs will vest on January 15, 2025, and the remaining two-thirds will vest in 8 substantially equal quarterly installments on each quarterly anniversary thereafter.

F2 · balance_after: Includes 109,934 unvested RSUs.

Read SEC document
July 15, 2024 Filed Jul 18, 2024 00:15 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 934 $1.50 $1,401.00
Disclosure

SEC source: 0001624457-24-000011 · wk-form4_1721261742.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 133,466

F1 · shares: Upon the vesting of 1,842 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 934 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 29,934 unvested RSUs.

Read SEC document
July 01, 2024 Filed Jul 4, 2024 01:05 UTC System1, Inc. SST · Entity 7602 GrantStock Appreciation Rights · Derivative 525,000 $0.00 Strike: $1.44 $0.00
Disclosure

SEC source: 0001628280-24-031212 · wk-form4_1720055103.xml · derivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 525,000

Underlying: Class A Common Stock · 525,000 shares

Expires 2031-07-01

F1 · security: These stock appreciation rights (the "SARs") were granted to the Reporting Person pursuant to the System1, Inc. 2024 Stock Appreciation Rights Plan, as amended (the "Plan") and a corresponding Stock Appreciation Rights Grant Notice and Award Agreement between System1, Inc. (the "Issuer") and the Reporting Person. The SARs reported on this Form 4 represent the right to receive (at the Issuer's discretion), upon exercise of the SARs by the Reporting Person, a payment in either (x) Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") or (y) cash, in the amount equal to the number of shares of Class A Common Stock underlying the number of SARs being exercised multiplied by the excess of the fair market value of one share of Class A Common Stock on (i) the date the SARs are exercised, and (ii) $1.44, the Issuer's closing price on July 1, 2024 (the date the SARs were granted, the "Grant Date").

F2 · derivative.exercise_date: These Stock Appreciation Rights (the "SARs") were granted to the Reporting Person on July 1, 2024 under the System1, Inc. 2024 Stock Appreciation Rights Plan, as amended (the "Plan") and vest (i) 25% (or 131,250 SARs) upon the Issuer first achieving trailing twelve month Adjusted EBITDA ("TTM Adjusted EBITDA") of $50.0 million after the date of grant, (ii) 25% (or 131,250 SARs) upon the Issuer first achieving TTM Adjusted EBITDA of $60.0 million after the date of grant, (iii) 25% (or 131,250 SARs) upon the Issuer first achieving TTM Adjusted EBITDA of $70.0 million after the date of grant and (iv) 25% (or 131,250 SARs) upon the Issuer first achieving TTM Adjusted EBITDA of $80.0 million after the date of grant, in each case, subject to the terms of the Plan and an award agreement entered into between the Reporting Person and the Issuer pursuant to the Plan.

Read SEC document
April 29, 2024 Filed May 1, 2024 00:29 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 1,338 $1.73 $2,314.74
Disclosure

SEC source: 0001624457-24-000008 · wk-form4_1714523352.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 134,400

F1 · shares: Upon the vesting of 3,750 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 1,338 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 31,776 unvested RSUs.

F3 · balance_after: Includes 209 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.

Read SEC document
April 15, 2024 Filed Apr 17, 2024 23:55 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 658 $2.19 $1,441.02
Disclosure

SEC source: 0001624457-24-000006 · wk-form4_1713398130.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 135,529

F1 · shares: Upon the vesting of 1,842 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 658 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 209 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.

F3 · balance_after: Includes 35,526 unvested RSUs.

Read SEC document
January 26, 2024 Filed Jan 31, 2024 00:26 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 15,061 $1.98 $29,820.78
Disclosure

SEC source: 0001624457-24-000004 · wk-form4_1706660760.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 135,978

F1 · shares: Upon the vesting of 36,750 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 15,061 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · ownership.direct: Includes 37,368 unvested RSUs.

Read SEC document
January 15, 2024 Filed Jan 18, 2024 00:21 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 755 $1.63 $1,230.65
Disclosure

SEC source: 0001624457-24-000002 · wk-form4_1705537294.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 151,039

F1 · shares: Upon the vesting of 1,842 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 755 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 906 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.

F3 · balance_after: Includes 74,118 unvested RSUs.

Read SEC document
October 27, 2023 Filed Oct 31, 2023 22:41 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 2,335 $1.16 $2,708.60
Disclosure

SEC source: 0001624457-23-000017 · wk-form4_1698792089.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 150,888

F1 · shares: Upon the vesting of 6,750 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 2,335 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · ownership.direct: Includes 75,960 unvested RSUs.

Read SEC document
October 16, 2023 Filed Oct 17, 2023 23:59 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 637 $1.19 $758.03
Disclosure

SEC source: 0001624457-23-000015 · wk-form4_1697587180.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 153,223

F1 · shares: Upon the vesting of 1,842 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 637 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 82,710 unvested RSUs.

Read SEC document
July 31, 2023 Filed Aug 2, 2023 22:24 UTC System1, Inc. SST · Entity 7602 GrantClass A Common Stock 30,000 $0.00 $0.00
Disclosure

SEC source: 0001628280-23-026874 · wf-form4_169101505754549.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 153,860

F1 · shares: Mr. Weinrot was granted 30,000 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. Weinrot through the applicable vesting date, all 30,000 of the RSUs will vest in full on January 27, 2024.

F2 · balance_after: Includes 84,552 unvested RSUs.

Read SEC document
July 28, 2023 Filed Aug 2, 2023 00:56 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 2,335 $2.90 $6,771.50
Disclosure

SEC source: 0001624457-23-000014 · wf-form4_169093778396106.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 123,860

F1 · shares: Upon the vesting of 6,750 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 2,335 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 54,552 unvested RSUs.

F3 · balance_after: Includes 906 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.

Read SEC document
July 15, 2023 Filed Jul 19, 2023 00:27 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 637 $4.12 $2,624.44
Disclosure

SEC source: 0001624457-23-000012 · wf-form4_168972644217596.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 125,289

F1 · shares: Upon the vesting of 1,842 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 637 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 61,302 unvested RSUs.

Read SEC document
April 28, 2023 Filed May 2, 2023 20:24 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 2,735 $3.03 $8,287.05
Disclosure

SEC source: 0001624457-23-000010 · wf-form4_168305902642501.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 125,926

F1 · shares: Upon the vesting of 6,750 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 2,735 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 906 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.

F3 · balance_after: Includes 63,144 unvested RSUs.

Read SEC document
April 15, 2023 Filed Apr 19, 2023 01:31 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 752 $4.05 $3,045.60
Disclosure

SEC source: 0001624457-23-000008 · wf-form4_168186789514305.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 127,755

F1 · shares: Upon the vesting of 1,842 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 752 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 69,894 unvested RSUs.

F3 · balance_after: Includes 906 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.

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January 30, 2023 Filed Jan 31, 2023 21:04 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 1,251 $4.91 $6,142.41
Disclosure

SEC source: 0001624457-23-000005 · wf-form4_167519903978816.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 127,601

F1 · shares: Upon the vesting of 3,000 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 1,251 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 71,736 unvested RSUs.

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January 13, 2023 Filed Jan 19, 2023 00:29 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 1,058 $4.92 $5,205.36
Disclosure

SEC source: 0001624457-23-000003 · wf-form4_167408817387976.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 128,852

F1 · shares: Upon the vesting of 2,579 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 1,058 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 74,736 unvested RSUs.

F3 · balance_after: Includes 906 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.

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October 14, 2022 Filed Oct 18, 2022 00:58 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 892 $6.06 $5,405.52
Disclosure

SEC source: 0001624457-22-000008 · wf-form4_166605463979941.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 129,004

F1 · shares: Upon the vesting of 2,579 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 892 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 77,315 unvested RSUs.

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August 15, 2022 Filed Aug 16, 2022 23:47 UTC System1, Inc. SST · Entity 7602 Tax withholdingClass A Common Stock 4,332 $8.97 $38,858.04
Disclosure

SEC source: 0001624457-22-000006 · wf-form4_166069365918059.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 129,896

F1 · kind: Upon the vesting of 12,526 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 4,332 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes shares received in connection with pro-rata distributions from OpenMail2, LLC to its member, for no consideration and in an exempt transaction under Rule 16a-9. The Form 4s filed on May 12, 2022 and June 22, 2022 by the reporting person did not previously include in Column 5 an aggregate of 1,533 and 906 shares, respectively, then held by the reporting person from prior exempt pro-rata distributions from OpenMail2, LLC under Rule 16a-9.

F3 · balance_after: Includes 79,894 unvested RSUs.

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June 17, 2022 Filed Jun 22, 2022 22:40 UTC System1, Inc. SST · Entity 7602 GrantClass A Common Stock 32,420 $0.00 $0.00
Disclosure

SEC source: 0001624457-22-000004 · wf-form4_165593763818664.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 130,884

F1 · price: Mr. Weinrot was granted 32,420 restricted stock units ("RSUs") in connection with the replacement of previously unvested Value Creation Units of the Issuer's predecessor entity (the "Original VCUs") outstanding as of the closing of the Issuer's business combination transaction (the "Replacement RSUs"), of which 9,947 of the Replacement RSUs were deemed vested as of the grant date. Each Replacement RSU represents the right to receive one (1) share of SST Class A Common Stock upon vesting. Subject to the continued employment of Mr. Weinrot through the applicable vesting dates, the Replacement RSUs vest in quarterly installments over the course of the Original VCU remaining vesting schedule(s).

F2 · balance_after: Includes 82,473 unvested RSUs.

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May 10, 2022 Filed May 13, 2022 01:45 UTC System1, Inc. SST · Entity 7602 GrantClass A Common Stock 60,000 $0.00 $0.00
Disclosure

SEC source: 0000899243-22-017934 · doc4.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 98,464

F1 · price: Mr. Weinrot was granted 60,000 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. Weinrot through the applicable vesting dates, (i) 3,000 of the RSUs will vest on January 28, 2023, (ii) 9,000 of the RSUs will vest in quarterly installments of 2,250 each on January 28, April 28, July 28 and October 28, 2024 and (iii) the remaining 48,000 RSUs will vest in eight (8) quarterly installments of 6,000 each on the quarterly anniversary thereafter.

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January 27, 2022 Filed Feb 1, 2022 02:48 UTC System1, Inc. SST · Entity 7602 GrantCommon Units · Derivative 59,642 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-22-003718 · doc4.xml · derivative · entry 3

Weinrot Daniel J · CIK 0001624457 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,642

Underlying: Class A Common Stock · 59,642 shares

Expires not disclosed

F3 · security: Represents Common Units, which are redeemable on a one-for-one basis for shares of Class A common stock, or, at the election of the Company, cash equal to a volume weighted average market price of a share of Class A Common Stock. The Common Units were acquired pursuant to a reclassification (exempt under Section 16b-7) and reorganization of the Company in connection with the Business Combination. One share of Class C Common Stock was issued for each Common Unit. See Footnote (2).

F4 · derivative.exercise_price: The Common Units are redeemable on a one-for-one basis for shares of Class A common stock, or, at the election of the Company, cash equal to a volume weighted average market price of a share of Class A common stock. The Common Units have no expiration date. Upon any redemption of Common Units, one share of Class C common stock is automatically forfeited and cancelled for each Common Unit so redeemed.

F1 · price: Received in connection with the business combination (the "Business Combination") among System1, Inc., (f/k/a Trebia Acquisition Corp., (the "Company"), S1 Holdco, LLC ("S1 Holdco"), Orchid Merger Sub I, Inc. ("Merger Sub I"), Orchid Merger Sub II, LLC ("Merger Sub II" and, together with Merger Sub I, the "Merger Subs"), System1 SS Protect Holdings, Inc. ("Protected") and the other parties signatory to that certain business combination agreement, dated as of June 28, 2021 (as amended on November 30, 2021, January 10, 2022 and January 25, 2022).

F4 · derivative.exercise_date: The Common Units are redeemable on a one-for-one basis for shares of Class A common stock, or, at the election of the Company, cash equal to a volume weighted average market price of a share of Class A common stock. The Common Units have no expiration date. Upon any redemption of Common Units, one share of Class C common stock is automatically forfeited and cancelled for each Common Unit so redeemed.

F4 · derivative.expiration_date: The Common Units are redeemable on a one-for-one basis for shares of Class A common stock, or, at the election of the Company, cash equal to a volume weighted average market price of a share of Class A common stock. The Common Units have no expiration date. Upon any redemption of Common Units, one share of Class C common stock is automatically forfeited and cancelled for each Common Unit so redeemed.

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January 27, 2022 Filed Feb 1, 2022 02:48 UTC System1, Inc. SST · Entity 7602 GrantClass C Common Stock 59,642 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-22-003718 · doc4.xml · nonDerivative · entry 2

Weinrot Daniel J · CIK 0001624457 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,642

F2 · security: In connection with the Business Combination, one share of the Company's Class C common stock was issued for each Class B common unit ("Common Unit") in S1 Holdco, LLC held by the reporting person. Pursuant to the Fifth Amended and Restated Limited Liability Company Operating Agreement of S1 Holdco, LLC, the shares of Class C common stock are forfeited and cancelled, on a one-for-one basis, without consideration, upon the redemption of Common Units for shares of Class A Common Stock, or cash, at the Issuer's election.

F1 · price: Received in connection with the business combination (the "Business Combination") among System1, Inc., (f/k/a Trebia Acquisition Corp., (the "Company"), S1 Holdco, LLC ("S1 Holdco"), Orchid Merger Sub I, Inc. ("Merger Sub I"), Orchid Merger Sub II, LLC ("Merger Sub II" and, together with Merger Sub I, the "Merger Subs"), System1 SS Protect Holdings, Inc. ("Protected") and the other parties signatory to that certain business combination agreement, dated as of June 28, 2021 (as amended on November 30, 2021, January 10, 2022 and January 25, 2022).

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January 27, 2022 Filed Feb 1, 2022 02:48 UTC System1, Inc. SST · Entity 7602 GrantClass A Common Stock 38,464 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-22-003718 · doc4.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,464

F1 · price: Received in connection with the business combination (the "Business Combination") among System1, Inc., (f/k/a Trebia Acquisition Corp., (the "Company"), S1 Holdco, LLC ("S1 Holdco"), Orchid Merger Sub I, Inc. ("Merger Sub I"), Orchid Merger Sub II, LLC ("Merger Sub II" and, together with Merger Sub I, the "Merger Subs"), System1 SS Protect Holdings, Inc. ("Protected") and the other parties signatory to that certain business combination agreement, dated as of June 28, 2021 (as amended on November 30, 2021, January 10, 2022 and January 25, 2022).

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April 01, 2018 Filed Apr 3, 2018 14:14 UTC LEAF GROUP LTD. LFGR · Entity 138166 Tax withholdingCommon Stock, $.0001 par value 480 $7.05 $3,384.00
Disclosure

SEC source: 0001624457-18-000009 · wf-form4_152277925095770.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · EVP, Gen. Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 95,454

F1 · kind: Upon the vesting of 1,388 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 480 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 50,489 unvested RSUs.

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March 16, 2018 Filed Mar 19, 2018 19:13 UTC LEAF GROUP LTD. LFGR · Entity 138166 SaleCommon Stock, $.0001 par value 900 $7.10 $6,390.00
Disclosure

SEC source: 0001624457-18-000008 · wf-form4_152150117430377.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · EVP, Gen. Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 95,934

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.

F2 · balance_after: Includes 51,877 unvested RSUs.

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March 01, 2018 Filed Mar 5, 2018 19:53 UTC LEAF GROUP LTD. LFGR · Entity 138166 Tax withholdingCommon Stock, $.0001 par value 8,865 $7.80 $69,147.00
Disclosure

SEC source: 0001624457-18-000006 · wf-form4_152029759345836.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · EVP, Gen. Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 96,834

F1 · shares: Upon the vesting of 24,166 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 8,865 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 51,877 unvested RSUs.

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February 16, 2018 Filed Feb 16, 2018 17:27 UTC LEAF GROUP LTD. LFGR · Entity 138166 SaleCommon Stock, $.0001 par value 900 $8.00 $7,200.00
Disclosure

SEC source: 0001624457-18-000004 · wf-form4_151882004015905.xml · nonDerivative · entry 2

Weinrot Daniel J · CIK 0001624457 · EVP, Gen. Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 105,699

F3 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.

F2 · balance_after: Includes 76,043 unvested RSUs.

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February 15, 2018 Filed Feb 16, 2018 17:27 UTC LEAF GROUP LTD. LFGR · Entity 138166 Tax withholdingCommon Stock, $.0001 par value 256 $8.05 $2,060.80
Disclosure

SEC source: 0001624457-18-000004 · wf-form4_151882004015905.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · EVP, Gen. Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,599

F1 · shares: Upon the vesting of 625 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 256 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.

F2 · balance_after: Includes 76,043 unvested RSUs.

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January 16, 2018 Filed Jan 16, 2018 21:00 UTC LEAF GROUP LTD. LFGR · Entity 138166 SaleCommon Stock, $.0001 par value 900 $9.30 $8,370.00
Disclosure

SEC source: 0001624457-18-000002 · wf-form4_151615442594138.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · EVP, Gen. Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,855

F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.

F2 · balance_after: Includes 76,668 unvested RSUs.

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December 26, 2017 Filed Dec 28, 2017 18:13 UTC LEAF GROUP LTD. LFGR · Entity 138166 Exercise / conversionStock Option (right to buy) · Derivative 4,500 $0.00 Strike: $5.95 $0.00
Disclosure

SEC source: 0001624457-17-000032 · wf-form4_151450278668775.xml · derivative · entry 3

Weinrot Daniel J · CIK 0001624457 · EVP, Gen. Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,500

Underlying: Common Stock, $.0001 par value · 4,500 shares

Expires 2024-12-18

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · shares: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.

F3 · derivative.exercise_date: The reporting person was granted 30,000 options on December 18, 2014, of which 10,000 vested on December 18, 2015, and the remaining 20,000 vested in substantially equal installments on each monthly anniversary thereafter through December 18, 2017.

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December 26, 2017 Filed Dec 28, 2017 18:13 UTC LEAF GROUP LTD. LFGR · Entity 138166 SaleCommon Stock, $.0001 par value 4,500 $9.50 $42,750.00
Disclosure

SEC source: 0001624457-17-000032 · wf-form4_151450278668775.xml · nonDerivative · entry 2

Weinrot Daniel J · CIK 0001624457 · EVP, Gen. Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 107,755

F2 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.

F1 · balance_after: Includes 76,668 unvested RSUs.

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December 26, 2017 Filed Dec 28, 2017 18:13 UTC LEAF GROUP LTD. LFGR · Entity 138166 Exercise / conversionCommon Stock, $.0001 par value 4,500 $5.95 $26,775.00
Disclosure

SEC source: 0001624457-17-000032 · wf-form4_151450278668775.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · EVP, Gen. Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 112,255

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes 76,668 unvested RSUs.

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December 15, 2017 Filed Dec 18, 2017 18:39 UTC LEAF GROUP LTD. LFGR · Entity 138166 SaleCommon Stock, $.0001 par value 800 $8.35 $6,680.00
Disclosure

SEC source: 0001624457-17-000030 · wf-form4_151364037197994.xml · nonDerivative · entry 1

Weinrot Daniel J · CIK 0001624457 · EVP, Gen. Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 107,755

F1 · shares: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.

F2 · balance_after: Includes 76,668 unvested RSUs.

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December 05, 2017 Filed Dec 5, 2017 19:27 UTC LEAF GROUP LTD. LFGR · Entity 138166 SaleCommon Stock, $.0001 par value 1,191 $7.95 $9,468.45
Disclosure

SEC source: 0001624457-17-000028 · wf-form4_151252003409720.xml · nonDerivative · entry 2

Weinrot Daniel J · CIK 0001624457 · EVP, Gen. Counsel & Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 108,555

F2 · balance_after: Includes 76,668 unvested RSUs.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.