Home/Filings/4/0001209191-20-064906

4//SEC Filing

Founders Fund V Management, LLC 4

Accession 0001209191-20-064906

CIK 0001822250other

View on SEC.gov Company Profile

Filed

Dec 21, 7:00 PM ET

Accepted

Dec 22, 6:19 PM ET

Size

60.6 KB

Accession

0001209191-20-064906

Insider Transaction Report

Form 4

Period: 2020-12-18

ContextLogic Inc.WISH

THIEL PETER

10% Owner

Transactions

Conversion
Series F Preferred Stock
2020-12-18−161,550→ 0 total(indirect: By Fund)
→ Class A Common Stock (161,550 underlying)
Conversion
Class A Common Stock
2020-12-18+1,801,180→ 1,801,180 total(indirect: By Fund)
Conversion
Class A Common Stock
2020-12-18+661,510→ 661,510 total(indirect: By Fund)
Conversion
Class A Common Stock
2020-12-18+12,572,820→ 12,572,820 total(indirect: By Fund)
Conversion
Series D Preferred Stock
2020-12-18−44,040→ 0 total(indirect: By Fund)
→ Class A Common Stock (44,040 underlying)
Conversion
Series D Preferred Stock
2020-12-18−837,090→ 0 total(indirect: By Fund)
→ Class A Common Stock (837,090 underlying)
Conversion
Series F Preferred Stock
2020-12-18−600,560→ 0 total(indirect: By Fund)
→ Class A Common Stock (600,560 underlying)
Conversion
Series G Preferred Stock
2020-12-18−4,100→ 0 total(indirect: By Fund)
→ Class A Common Stock (4,100 underlying)
Conversion
Series A Preferred Stock
2020-12-18−801,180→ 0 total(indirect: By Fund)
→ Class A Common Stock (801,180 underlying)
Conversion
Series C Preferred Stock
2020-12-18−526,320→ 0 total(indirect: By Fund)
→ Class A Common Stock (526,320 underlying)
Conversion
Series C Preferred Stock
2020-12-18−37,187,220→ 0 total(indirect: By Fund)
→ Class A Common Stock (37,187,220 underlying)
Conversion
Series E Preferred Stock
2020-12-18−78,550→ 0 total(indirect: By Fund)
→ Class A Common Stock (78,550 underlying)
Conversion
Series E Preferred Stock
2020-12-18−5,549,780→ 0 total(indirect: By Fund)
→ Class A Common Stock (5,549,780 underlying)
Conversion
Class A Common Stock
2020-12-18+46,739,070→ 46,739,070 total(indirect: By Fund)
Conversion
Series C Preferred Stock
2020-12-18−1,000,000→ 0 total(indirect: By Fund)
→ Class A Common Stock (1,000,000 underlying)
Conversion
Series C Preferred Stock
2020-12-18−10,003,380→ 0 total(indirect: By Fund)
→ Class A Common Stock (10,003,380 underlying)
Conversion
Series D Preferred Stock
2020-12-18−3,111,860→ 0 total(indirect: By Fund)
→ Class A Common Stock (3,111,860 underlying)
Conversion
Series E Preferred Stock
2020-12-18−1,492,890→ 0 total(indirect: By Fund)
→ Class A Common Stock (1,492,890 underlying)
Conversion
Series F Preferred Stock
2020-12-18−8,500→ 0 total(indirect: By Fund)
→ Class A Common Stock (8,500 underlying)
Conversion
Series G Preferred Stock
2020-12-18−77,910→ 0 total(indirect: By Fund)
→ Class A Common Stock (77,910 underlying)
Conversion
Series G Preferred Stock
2020-12-18−289,650→ 0 total(indirect: By Fund)
→ Class A Common Stock (289,650 underlying)

Founders Fund V Management, LLC

10% Owner

Transactions

Conversion
Class A Common Stock
2020-12-18+661,510→ 661,510 total(indirect: By Fund)
Conversion
Class A Common Stock
2020-12-18+46,739,070→ 46,739,070 total(indirect: By Fund)
Conversion
Series C Preferred Stock
2020-12-18−526,320→ 0 total(indirect: By Fund)
→ Class A Common Stock (526,320 underlying)
Conversion
Series D Preferred Stock
2020-12-18−44,040→ 0 total(indirect: By Fund)
→ Class A Common Stock (44,040 underlying)
Conversion
Series D Preferred Stock
2020-12-18−837,090→ 0 total(indirect: By Fund)
→ Class A Common Stock (837,090 underlying)
Conversion
Series E Preferred Stock
2020-12-18−78,550→ 0 total(indirect: By Fund)
→ Class A Common Stock (78,550 underlying)
Conversion
Class A Common Stock
2020-12-18+1,801,180→ 1,801,180 total(indirect: By Fund)
Conversion
Class A Common Stock
2020-12-18+12,572,820→ 12,572,820 total(indirect: By Fund)
Conversion
Series A Preferred Stock
2020-12-18−801,180→ 0 total(indirect: By Fund)
→ Class A Common Stock (801,180 underlying)
Conversion
Series C Preferred Stock
2020-12-18−1,000,000→ 0 total(indirect: By Fund)
→ Class A Common Stock (1,000,000 underlying)
Conversion
Series C Preferred Stock
2020-12-18−10,003,380→ 0 total(indirect: By Fund)
→ Class A Common Stock (10,003,380 underlying)
Conversion
Series F Preferred Stock
2020-12-18−161,550→ 0 total(indirect: By Fund)
→ Class A Common Stock (161,550 underlying)
Conversion
Series F Preferred Stock
2020-12-18−600,560→ 0 total(indirect: By Fund)
→ Class A Common Stock (600,560 underlying)
Conversion
Series G Preferred Stock
2020-12-18−4,100→ 0 total(indirect: By Fund)
→ Class A Common Stock (4,100 underlying)
Conversion
Series E Preferred Stock
2020-12-18−1,492,890→ 0 total(indirect: By Fund)
→ Class A Common Stock (1,492,890 underlying)
Conversion
Series C Preferred Stock
2020-12-18−37,187,220→ 0 total(indirect: By Fund)
→ Class A Common Stock (37,187,220 underlying)
Conversion
Series D Preferred Stock
2020-12-18−3,111,860→ 0 total(indirect: By Fund)
→ Class A Common Stock (3,111,860 underlying)
Conversion
Series F Preferred Stock
2020-12-18−8,500→ 0 total(indirect: By Fund)
→ Class A Common Stock (8,500 underlying)
Conversion
Series E Preferred Stock
2020-12-18−5,549,780→ 0 total(indirect: By Fund)
→ Class A Common Stock (5,549,780 underlying)
Conversion
Series G Preferred Stock
2020-12-18−77,910→ 0 total(indirect: By Fund)
→ Class A Common Stock (77,910 underlying)
Conversion
Series G Preferred Stock
2020-12-18−289,650→ 0 total(indirect: By Fund)
→ Class A Common Stock (289,650 underlying)

Founders Fund V Entrepreneurs Fund, LP

10% Owner

Transactions

Conversion
Series C Preferred Stock
2020-12-18−1,000,000→ 0 total(indirect: By Fund)
→ Class A Common Stock (1,000,000 underlying)
Conversion
Class A Common Stock
2020-12-18+661,510→ 661,510 total(indirect: By Fund)
Conversion
Class A Common Stock
2020-12-18+46,739,070→ 46,739,070 total(indirect: By Fund)
Conversion
Series C Preferred Stock
2020-12-18−526,320→ 0 total(indirect: By Fund)
→ Class A Common Stock (526,320 underlying)
Conversion
Series C Preferred Stock
2020-12-18−37,187,220→ 0 total(indirect: By Fund)
→ Class A Common Stock (37,187,220 underlying)
Conversion
Series C Preferred Stock
2020-12-18−10,003,380→ 0 total(indirect: By Fund)
→ Class A Common Stock (10,003,380 underlying)
Conversion
Series D Preferred Stock
2020-12-18−44,040→ 0 total(indirect: By Fund)
→ Class A Common Stock (44,040 underlying)
Conversion
Series D Preferred Stock
2020-12-18−3,111,860→ 0 total(indirect: By Fund)
→ Class A Common Stock (3,111,860 underlying)
Conversion
Series E Preferred Stock
2020-12-18−78,550→ 0 total(indirect: By Fund)
→ Class A Common Stock (78,550 underlying)
Conversion
Series E Preferred Stock
2020-12-18−1,492,890→ 0 total(indirect: By Fund)
→ Class A Common Stock (1,492,890 underlying)
Conversion
Series E Preferred Stock
2020-12-18−5,549,780→ 0 total(indirect: By Fund)
→ Class A Common Stock (5,549,780 underlying)
Conversion
Series F Preferred Stock
2020-12-18−8,500→ 0 total(indirect: By Fund)
→ Class A Common Stock (8,500 underlying)
Conversion
Series F Preferred Stock
2020-12-18−161,550→ 0 total(indirect: By Fund)
→ Class A Common Stock (161,550 underlying)
Conversion
Series F Preferred Stock
2020-12-18−600,560→ 0 total(indirect: By Fund)
→ Class A Common Stock (600,560 underlying)
Conversion
Series G Preferred Stock
2020-12-18−4,100→ 0 total(indirect: By Fund)
→ Class A Common Stock (4,100 underlying)
Conversion
Series G Preferred Stock
2020-12-18−77,910→ 0 total(indirect: By Fund)
→ Class A Common Stock (77,910 underlying)
Conversion
Class A Common Stock
2020-12-18+1,801,180→ 1,801,180 total(indirect: By Fund)
Conversion
Class A Common Stock
2020-12-18+12,572,820→ 12,572,820 total(indirect: By Fund)
Conversion
Series A Preferred Stock
2020-12-18−801,180→ 0 total(indirect: By Fund)
→ Class A Common Stock (801,180 underlying)
Conversion
Series D Preferred Stock
2020-12-18−837,090→ 0 total(indirect: By Fund)
→ Class A Common Stock (837,090 underlying)
Conversion
Series G Preferred Stock
2020-12-18−289,650→ 0 total(indirect: By Fund)
→ Class A Common Stock (289,650 underlying)

Founders Fund V Principals Fund, LP

10% Owner

Transactions

Conversion
Series G Preferred Stock
2020-12-18−77,910→ 0 total(indirect: By Fund)
→ Class A Common Stock (77,910 underlying)
Conversion
Series G Preferred Stock
2020-12-18−289,650→ 0 total(indirect: By Fund)
→ Class A Common Stock (289,650 underlying)
Conversion
Class A Common Stock
2020-12-18+661,510→ 661,510 total(indirect: By Fund)
Conversion
Series A Preferred Stock
2020-12-18−801,180→ 0 total(indirect: By Fund)
→ Class A Common Stock (801,180 underlying)
Conversion
Series C Preferred Stock
2020-12-18−526,320→ 0 total(indirect: By Fund)
→ Class A Common Stock (526,320 underlying)
Conversion
Series C Preferred Stock
2020-12-18−10,003,380→ 0 total(indirect: By Fund)
→ Class A Common Stock (10,003,380 underlying)
Conversion
Series C Preferred Stock
2020-12-18−37,187,220→ 0 total(indirect: By Fund)
→ Class A Common Stock (37,187,220 underlying)
Conversion
Series D Preferred Stock
2020-12-18−44,040→ 0 total(indirect: By Fund)
→ Class A Common Stock (44,040 underlying)
Conversion
Series D Preferred Stock
2020-12-18−837,090→ 0 total(indirect: By Fund)
→ Class A Common Stock (837,090 underlying)
Conversion
Series E Preferred Stock
2020-12-18−78,550→ 0 total(indirect: By Fund)
→ Class A Common Stock (78,550 underlying)
Conversion
Series F Preferred Stock
2020-12-18−8,500→ 0 total(indirect: By Fund)
→ Class A Common Stock (8,500 underlying)
Conversion
Series F Preferred Stock
2020-12-18−161,550→ 0 total(indirect: By Fund)
→ Class A Common Stock (161,550 underlying)
Conversion
Series G Preferred Stock
2020-12-18−4,100→ 0 total(indirect: By Fund)
→ Class A Common Stock (4,100 underlying)
Conversion
Class A Common Stock
2020-12-18+1,801,180→ 1,801,180 total(indirect: By Fund)
Conversion
Class A Common Stock
2020-12-18+46,739,070→ 46,739,070 total(indirect: By Fund)
Conversion
Series C Preferred Stock
2020-12-18−1,000,000→ 0 total(indirect: By Fund)
→ Class A Common Stock (1,000,000 underlying)
Conversion
Series D Preferred Stock
2020-12-18−3,111,860→ 0 total(indirect: By Fund)
→ Class A Common Stock (3,111,860 underlying)
Conversion
Series E Preferred Stock
2020-12-18−5,549,780→ 0 total(indirect: By Fund)
→ Class A Common Stock (5,549,780 underlying)
Conversion
Class A Common Stock
2020-12-18+12,572,820→ 12,572,820 total(indirect: By Fund)
Conversion
Series E Preferred Stock
2020-12-18−1,492,890→ 0 total(indirect: By Fund)
→ Class A Common Stock (1,492,890 underlying)
Conversion
Series F Preferred Stock
2020-12-18−600,560→ 0 total(indirect: By Fund)
→ Class A Common Stock (600,560 underlying)

Founders Fund V, LP

10% Owner

Transactions

Conversion
Class A Common Stock
2020-12-18+1,801,180→ 1,801,180 total(indirect: By Fund)
Conversion
Class A Common Stock
2020-12-18+12,572,820→ 12,572,820 total(indirect: By Fund)
Conversion
Class A Common Stock
2020-12-18+46,739,070→ 46,739,070 total(indirect: By Fund)
Conversion
Series C Preferred Stock
2020-12-18−1,000,000→ 0 total(indirect: By Fund)
→ Class A Common Stock (1,000,000 underlying)
Conversion
Series C Preferred Stock
2020-12-18−10,003,380→ 0 total(indirect: By Fund)
→ Class A Common Stock (10,003,380 underlying)
Conversion
Series D Preferred Stock
2020-12-18−44,040→ 0 total(indirect: By Fund)
→ Class A Common Stock (44,040 underlying)
Conversion
Series D Preferred Stock
2020-12-18−3,111,860→ 0 total(indirect: By Fund)
→ Class A Common Stock (3,111,860 underlying)
Conversion
Series F Preferred Stock
2020-12-18−8,500→ 0 total(indirect: By Fund)
→ Class A Common Stock (8,500 underlying)
Conversion
Series G Preferred Stock
2020-12-18−4,100→ 0 total(indirect: By Fund)
→ Class A Common Stock (4,100 underlying)
Conversion
Class A Common Stock
2020-12-18+661,510→ 661,510 total(indirect: By Fund)
Conversion
Series A Preferred Stock
2020-12-18−801,180→ 0 total(indirect: By Fund)
→ Class A Common Stock (801,180 underlying)
Conversion
Series C Preferred Stock
2020-12-18−526,320→ 0 total(indirect: By Fund)
→ Class A Common Stock (526,320 underlying)
Conversion
Series C Preferred Stock
2020-12-18−37,187,220→ 0 total(indirect: By Fund)
→ Class A Common Stock (37,187,220 underlying)
Conversion
Series D Preferred Stock
2020-12-18−837,090→ 0 total(indirect: By Fund)
→ Class A Common Stock (837,090 underlying)
Conversion
Series E Preferred Stock
2020-12-18−1,492,890→ 0 total(indirect: By Fund)
→ Class A Common Stock (1,492,890 underlying)
Conversion
Series G Preferred Stock
2020-12-18−289,650→ 0 total(indirect: By Fund)
→ Class A Common Stock (289,650 underlying)
Conversion
Series E Preferred Stock
2020-12-18−78,550→ 0 total(indirect: By Fund)
→ Class A Common Stock (78,550 underlying)
Conversion
Series E Preferred Stock
2020-12-18−5,549,780→ 0 total(indirect: By Fund)
→ Class A Common Stock (5,549,780 underlying)
Conversion
Series F Preferred Stock
2020-12-18−161,550→ 0 total(indirect: By Fund)
→ Class A Common Stock (161,550 underlying)
Conversion
Series F Preferred Stock
2020-12-18−600,560→ 0 total(indirect: By Fund)
→ Class A Common Stock (600,560 underlying)
Conversion
Series G Preferred Stock
2020-12-18−77,910→ 0 total(indirect: By Fund)
→ Class A Common Stock (77,910 underlying)

Singerman Brian Aaron

10% Owner

Transactions

Conversion
Series C Preferred Stock
2020-12-18−37,187,220→ 0 total(indirect: By Fund)
→ Class A Common Stock (37,187,220 underlying)
Conversion
Series E Preferred Stock
2020-12-18−78,550→ 0 total(indirect: By Fund)
→ Class A Common Stock (78,550 underlying)
Conversion
Series G Preferred Stock
2020-12-18−77,910→ 0 total(indirect: By Fund)
→ Class A Common Stock (77,910 underlying)
Conversion
Series G Preferred Stock
2020-12-18−289,650→ 0 total(indirect: By Fund)
→ Class A Common Stock (289,650 underlying)
Conversion
Class A Common Stock
2020-12-18+1,801,180→ 1,801,180 total(indirect: By Fund)
Conversion
Class A Common Stock
2020-12-18+12,572,820→ 12,572,820 total(indirect: By Fund)
Conversion
Series C Preferred Stock
2020-12-18−10,003,380→ 0 total(indirect: By Fund)
→ Class A Common Stock (10,003,380 underlying)
Conversion
Series D Preferred Stock
2020-12-18−3,111,860→ 0 total(indirect: By Fund)
→ Class A Common Stock (3,111,860 underlying)
Conversion
Series E Preferred Stock
2020-12-18−1,492,890→ 0 total(indirect: By Fund)
→ Class A Common Stock (1,492,890 underlying)
Conversion
Series F Preferred Stock
2020-12-18−600,560→ 0 total(indirect: By Fund)
→ Class A Common Stock (600,560 underlying)
Conversion
Series A Preferred Stock
2020-12-18−801,180→ 0 total(indirect: By Fund)
→ Class A Common Stock (801,180 underlying)
Conversion
Series C Preferred Stock
2020-12-18−1,000,000→ 0 total(indirect: By Fund)
→ Class A Common Stock (1,000,000 underlying)
Conversion
Series E Preferred Stock
2020-12-18−5,549,780→ 0 total(indirect: By Fund)
→ Class A Common Stock (5,549,780 underlying)
Conversion
Series F Preferred Stock
2020-12-18−161,550→ 0 total(indirect: By Fund)
→ Class A Common Stock (161,550 underlying)
Conversion
Series G Preferred Stock
2020-12-18−4,100→ 0 total(indirect: By Fund)
→ Class A Common Stock (4,100 underlying)
Conversion
Class A Common Stock
2020-12-18+661,510→ 661,510 total(indirect: By Fund)
Conversion
Class A Common Stock
2020-12-18+46,739,070→ 46,739,070 total(indirect: By Fund)
Conversion
Series C Preferred Stock
2020-12-18−526,320→ 0 total(indirect: By Fund)
→ Class A Common Stock (526,320 underlying)
Conversion
Series D Preferred Stock
2020-12-18−44,040→ 0 total(indirect: By Fund)
→ Class A Common Stock (44,040 underlying)
Conversion
Series D Preferred Stock
2020-12-18−837,090→ 0 total(indirect: By Fund)
→ Class A Common Stock (837,090 underlying)
Conversion
Series F Preferred Stock
2020-12-18−8,500→ 0 total(indirect: By Fund)
→ Class A Common Stock (8,500 underlying)

Footnotes (5)

[F1]Each outstanding share of Series A Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock converted into one share of the Issuer's Class A common stock immediately prior to the completion of the Issuer's initial public offering, and the shares of Series A Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock had no expiration date.
[F2]Shares held by FF Wish VI, LLC ("FF-Wish"). The Founders Fund VI Management, LLC ("FF-VIM") is the managing member of FF-Wish and may be deemed to beneficially own the shares held by FF-Wish. Peter Thiel and Brian Singerman have shared voting and investment power over the shares held by FF-Wish and, accordingly, may be deemed to beneficially own the shares held by FF-Wish. Each of Mr. Thiel and Mr. Singerman disclaims beneficial ownership in these shares except to the extent of his respective pecuniary interest therein.
[F3]Shares held by The Founders Fund V Entrepreneurs Fund, LP ("FF-VE"). The Founders Fund V Management, LLC ("FF-VM") is the general partner of FF-VE and may be deemed to beneficially own the shares held by FF-VE. Peter Thiel and Brian Singerman have shared voting and investment power over the shares held by FF-VE and, accordingly, may be deemed to beneficially own the shares held by FF-VE. Each of FF-VM, Mr. Thiel and Mr. Singerman disclaims beneficial ownership in these shares except to the extent of his or its respective pecuniary interest therein.
[F4]Shares held by The Founders Fund V Principals Fund, LP ("FF-VP"). FF-VM is the general partner of FF-VP and may be deemed to beneficially own the shares held by FF-VP. Peter Thiel and Brian Singerman have shared voting and investment power over the shares held by FF-VP and, accordingly, may be deemed to beneficially own the shares held by FF-VP. Each of FF-VM, Mr. Thiel and Mr. Singerman disclaims beneficial ownership in these shares except to the extent of his or its respective pecuniary interest therein.
[F5]Shares held by The Founders Fund V, LP ("FF-V"). FF-VM is the general partner of FF-V and may be deemed to beneficially own the shares held by FF-V. Peter Thiel and Brian Singerman have shared voting and investment power over the shares held by FF-V and, accordingly, may be deemed to beneficially own the shares held by FF-V. Each of FF-VM, Mr. Thiel and Mr. Singerman disclaims beneficial ownership in these shares except to the extent of his or its respective pecuniary interest therein.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

ContextLogic Inc.

CIK 0001822250

→

Entity typeother

Related Parties

filerCIK 0001697733

Filing Metadata

Form type: 4
Filed: Dec 21, 7:00 PM ET
Accepted: Dec 22, 6:19 PM ET
Size: 60.6 KB

View on SEC.gov