Wang Shuyan (Rachel) 4
4 · ContextLogic Inc. · Filed Sep 19, 2023
Insider Transaction Report
Form 4
Wang Shuyan (Rachel)
Head of Data Science
Transactions
- Exercise/Conversion
Class A Common Stock
2023-09-15+41→ 5,084 total - Tax Payment
Class A Common Stock
2023-09-15$4.49/sh−12$54→ 5,072 total - Exercise/Conversion
Restricted Stock Unit
2023-09-15−41→ 245 totalExercise: $0.00Exp: 2027-06-08→ 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 September 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 September 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, 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.