Stephanie Tilenius - 15 Aug 2023 Form 4 Insider Report for ContextLogic Inc. (WISH)

Role
Director
Signature
/s/ Marianne Lewis, Attorney-in-Fact
Issuer symbol
WISH
Transactions as of
15 Aug 2023
Transactions value $
$0
Form type
4
Filing time
17 Aug 2023, 22:17:49 UTC
Previous filing
18 Apr 2023
Next filing
24 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WISH Class A Common Stock Options Exercise $0 +926 +13.58% $0 7,745 15 Aug 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WISH Restricted Stock Units Options Exercise $0 -926 -50.03% $0 925 15 Aug 2023 Class A Common Stock 926 $0 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 August 15, 2023.
F2 This total includes an adjustment by 1 share.
F3 This reported transaction represents the settlement of RSUs vested as of August 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 will vest annually beginning on August 4, 2021.