Founders Fund V, LP - 21 May 2021 Form 4 Insider Report for ContextLogic Inc. (LOGC)

Role
10%+ Owner
Signature
The Founders Fund V, LP, By The Founders Fund Management V LLC, General Partner, By /s/ Peter Thiel, Managing Member
Issuer symbol
LOGC
Transactions as of
21 May 2021
Net transactions value
$0
Form type
4
Filing time
25 May 2021, 19:20:29 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WISH Class A Common Stock Other $0 -661,510 -100% $0.000000* 0 21 May 2021 Direct F1, F2
transaction WISH Class A Common Stock Other $0 -12,572,820 -100% $0.000000* 0 21 May 2021 Direct F1, F3
transaction WISH Class A Common Stock Other $0 -46,739,070 -100% $0.000000* 0 21 May 2021 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Founders Fund V, LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents a pro rata distribution of shares of Class A Common Stock, without additional consideration, by the holder to its general partner and limited partners.
F2 Shares held by The Founders Fund V Entrepreneurs Fund, LP.
F3 Shares held by The Founders Fund V Principals Fund, LP.
F4 Shares held by The Founders Fund V, LP.