Liu Pai 4

Accession 0001209191-22-046529

CIK 0001822250other

View on SEC.gov Company Profile

Filed

Aug 16, 8:00 PM ET

Accepted

Aug 17, 9:51 PM ET

Size

20.5 KB

Accession

0001209191-22-046529

Insider Transaction Report

Form 4

Period: 2022-08-15

ContextLogic Inc.WISH

Liu Pai

Vice President of Data Science

Transactions

Exercise/Conversion
Class A Common Stock
2022-08-15+293,642→ 298,598 total
Tax Payment
Class A Common Stock
2022-08-15$1.66/sh−145,591$241,681→ 153,007 total
Exercise/Conversion
Restricted Stock Unit
2022-08-15−2,460→ 34,400 total
Exercise: $0.00Exp: 2026-11-22→ Class A Common Stock (2,460 underlying)
Exercise/Conversion
Restricted Stock Unit
2022-08-15−126,263→ 1,136,363 total
Exercise: $0.00→ Class A Common Stock (126,263 underlying)
Exercise/Conversion
Restricted Stock Unit
2022-08-15−2,457→ 61,439 total
Exercise: $0.00Exp: 2027-09-09→ Class A Common Stock (2,457 underlying)
Exercise/Conversion
Restricted Stock Unit
2022-08-15−17,197→ 189,171 total
Exercise: $0.00→ Class A Common Stock (17,197 underlying)
Exercise/Conversion
Restricted Stock Unit
2022-08-15−145,265→ 0 total
Exercise: $0.00→ Class A Common Stock (145,265 underlying)

Footnotes (8)

[F1]The Reporting Person received restricted stock units ("RSUs") which represent a contingent right to receive on share of Issuer's Class A Common Stock for each RSU. This reported transaction represents the settlement of RSUs vested as of August 15, 2022.
[F2]Represents the number of shares held by the Issuer to satisfy the tax withholding obligation in connection with the settlement of RSUs.
[F3]This reported transaction represents the settlement of RSUs vested as of August 15, 2022.
[F4]Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. Subject to the reporting person's continued service, 25% of the RSUs vested on September 23, 2020, and an additional 1/36th of the RSUs vest monthly thereafter for a period of 3 years.
[F5]Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. Subject to the reporting person's continued service, 1/48th of the RSUs vest monthly beginning on October 1, 2020 for a period of 4 years.
[F6]Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. Subject to the reporting person's continuous service, 6.25% of the RSUs will vest on a quarterly basis beginning on August 15, 2021 (with all quarterly vesting events occurring on a "Company Vesting Date" of February 15, May 15, August 15, or November 15). Vested RSUs will settle on or following the vesting date, but in any event within 60 days following the vesting date (unless the reporting person and the Company have agreed in writing to a later settlement date pursuant to procedures the Company may prescribe at its discretion.
[F7]Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. Subject to the Reporting Person's continuous service, 25% of the RSUs will vest on a quarterly basis beginning on November 15, 2021 (with all quarterly vesting events occurring on a "Company Vesting Date" of February 15, May 15, August 15, or November 15). Vested RSUs will settle on or following the vesting date, but in any event within 60 days following the vesting date (unless the Reporting Person and the Company have agreed in writing to a later settlement date pursuant to procedures the Company may prescribe at its discretion).
[F8]Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. Subject to the Reporting Person's continuous service, 1/12th of the RSUs will vest on a quarterly basis beginning on May 15, 2022 (with all quarterly vesting events occurring on a "Company Vesting Date" of February 15, May 15, August 15, or November 15). Vested RSUs will settle on or following the vesting date, but in any event within 60 days following the vesting date (unless the Reporting Person and the Company have agreed in writing to a later settlement date pursuant to the procedures of the Company may prescribe at its discretion).

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

ContextLogic Inc.

CIK 0001822250

→

Entity typeother

Related Parties

filerCIK 0001831941

Filing Metadata

Form type: 4
Filed: Aug 16, 8:00 PM ET
Accepted: Aug 17, 9:51 PM ET
Size: 20.5 KB

View on SEC.gov