Joanna Forster - 01 May 2024 Form 4 Insider Report for ContextLogic Inc. (LOGC)

Role: General Counsel & CCO
Signature: /s/ Marianne Lewis, Attorney-in-Fact
Issuer symbol: LOGC
Transactions as of: 01 May 2024
Net transactions value: $0
Form type: 4
Filing time: 03 May 2024, 16:55:43 UTC
Previous filing: 29 Apr 2024
Next filing: 06 May 2024
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	+50,036	+926%	$0.000000	55,440	01 May 2024	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	-50,036	-100%	$0.000000^*	0	01 May 2024	Class A Common Stock	50,036	$0.000000	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person previously 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 April 19, 2024.
F2	The RSUs are fully vested and will settle within 60 days following April 19, 2024 (unless the Reporting Person and the Issuer have agreed in writing to a later settlement date pursuant to the procedures the Issuer may prescribe at its discretion).