Stephanie Tilenius - 15 Aug 2022 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 2022
Transactions value $
$0
Form type
4
Filing time
17 Aug 2022, 21:56:51 UTC
Previous filing
11 Aug 2022
Next filing
24 Oct 2022
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 +27,777 +81.03% $0 62,059 15 Aug 2022 Direct F1

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 Unit Options Exercise $0 -27,777 -33.33% $0 55,556 15 Aug 2022 Class A Common Stock 27,777 $0 Direct F2, F3
* 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 on share of Class A Common Stock for each RSU. This reported transaction represents the settlement of RSUs vested as of August 15, 2022.
F2 This reported transaction represents the settlement of RSUs vested as of August 15, 2022
F3 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.