Bajaj Rishi 4
4 · ContextLogic Inc. · Filed Dec 1, 2023
Insider Transaction Report
Form 4
Bajaj Rishi
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Unit
2023-11-29+20,000→ 20,000 total→ Class A Common Stock (20,000 underlying)
Footnotes (2)
- [F1]The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Company's Class A Common Stock for each RSU.
- [F2]The RSUs were granted in connection with the Reporting Person's service as a member of the Board of Directors for the Issuer. Subject to the Reporting Person's continued service, one-third of the RSUs will vest annually beginning on November 29, 2024. 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 may prescribe at its discretion).