Wang Shuyan (Rachel) 4
4 · ContextLogic Inc. · Filed Jul 18, 2023
Insider Transaction Report
Form 4
Wang Shuyan (Rachel)
Head of Data Science
Transactions
- Tax Payment
Class A Common Stock
2023-07-15$8.55/sh−12$103→ 776 total - Exercise/Conversion
Class A Common Stock
2023-07-15+41→ 788 total - Exercise/Conversion
Restricted Stock Unit
2023-07-15−41→ 327 totalExercise: $0.00→ Class A Common Stock (41 underlying)
Footnotes (4)
- [F1]The Reporting Person received Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Class A Common Stock for each RSU. This reported transaction represents the settlement of RSUs vested as of July 15, 2023.
- [F2]Represents the number of shares withheld 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 July 15, 2023.
- [F4]Each RSU represents a contingent right to receive one share of Class A Common Stock. Subject to the Reporting Person's continued service, 25% of the RSUs vested on March 9, 2021, and an additional 1/36 of the remaining RSUs vest monthly thereafter for a period of 3 years.