Just Brett 4
4 · ContextLogic Inc. · Filed May 19, 2025
Insider Transaction Report
Form 4
Just Brett
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2025-05-15+6,466→ 32,650 total - Tax Payment
Class A Common Stock
2025-05-16$7.41/sh−3,301$24,460→ 29,349 total - Exercise/Conversion
Restricted Stock Units
2025-05-15−6,466→ 0 totalExercise: $0.00→ Class A Common Stock (6,466 underlying)
Footnotes (3)
- [F1]The Reporting Person previously received Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Class A Common Stock, $0.0001 par value, for each RSU. This reported transaction represents the settlement of RSUs vested as of May 15, 2025.
- [F2]The sale reported on this Form 4 represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F3]The RSUs became fully vested on May 15, 2025.