Rishi Bajaj - May 6, 2024 Form 4 Insider Report for ContextLogic Inc. (WISH)

Role
Chief Executive Officer, Director
Signature
/s/ Marianne Lewis, Attorney-in-Fact
Stock symbol
WISH
Transactions as of
May 6, 2024
Transactions value $
$0
Form type
4
Date filed
5/8/2024, 05:56 PM
Previous filing
May 3, 2024

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 Award $0 +55.9K $0.00 55.9K May 6, 2024 Class A Common Stock 55.9K 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 was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Issuer's Class A Common Stock for each RSU.
F2 Subject to the Reporting Person's continued service, the RSUs will vest in full on May 6, 2025. 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 procedures the Company may prescribe at its discretion).