Syed Tanzeen 4
4 · ContextLogic Inc. · Filed Apr 18, 2023
Insider Transaction Report
Form 4
Syed Tanzeen
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2023-04-15+5,250→ 6,152 total - Exercise/Conversion
Restricted Stock Unit
2023-04-15−5,250→ 0 totalExercise: $0.00→ Class A Common Stock (5,250 underlying)
Footnotes (4)
- [F1]The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Issuer's Class A Common Stock for each RSU. This reported transaction represents the settlement of RSUs vested as of April 15, 2023.
- [F2]Reflects shares adjusted to give effect to a 1-for-30 reverse stock split which was effective April 12, 2023.
- [F3]This reported transaction represents the settlement of RSUs vested as of April 15, 2023.
- [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, the RSUs will vest in full on the earlier of the one-year anniversary of the date of grant or on the date of the regular meeting of the Issuer's stockholders following the date of grant.