Brett Just - 18 Oct 2021 Form 4 Insider Report for ContextLogic Inc. (WISH)

Role
Interim Co-CFO, Chief Acc Ofcr
Signature
/s/ Renee Jackson, Attorney-in-Fact
Issuer symbol
WISH
Transactions as of
18 Oct 2021
Transactions value $
-$8,765
Form type
4
Filing time
20 Oct 2021, 19:10:53 UTC
Previous filing
19 Oct 2021
Next filing
17 Nov 2021
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 Sale -$8.77K -1.75K -3.79% $5.00 44.5K 18 Oct 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.