4//SEC Filing
Liu Ying Vivian 4
Accession 0001209191-23-055796
CIK 0001822250other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 5:10 PM ET
Size
15.3 KB
Accession
0001209191-23-055796
Insider Transaction Report
Form 4
Liu Ying Vivian
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-11-15+24,481→ 69,777 total - Exercise/Conversion
Restricted Stock Unit
2023-11-15−6,430→ 32,150 totalExercise: $0.00→ Class A Common Stock (6,430 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-11-15−11,905→ 95,238 totalExercise: $0.00→ Class A Common Stock (11,905 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-11-15−6,146→ 49,172 totalExercise: $0.00→ Class A Common Stock (6,146 underlying) - Tax Payment
Class A Common Stock
2023-11-15$5.16/sh−12,139$62,577→ 57,638 total
Footnotes (6)
- [F1]The Reporting Person received 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 November 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 November 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 continuous service, 6.25% of the RSUs will vest on a quarterly basis beginning on February 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 procedures the Company may prescribe at its discretion).
- [F5]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 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 the Company my prescribe at its discretion).
- [F6]Subject to the Reporting Person's continuous service, 10% of the RSUs will vest on a quarterly basis beginning on May 15, 2023 (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).
Documents
Issuer
ContextLogic Inc.
CIK 0001822250
Entity typeother
Related Parties
1- filerCIK 0001889362
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 5:10 PM ET
- Size
- 15.3 KB