Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WISH | Class A Common Stock | Conversion of derivative security | $0 | +17.5K | +55.2% | $0.00 | 49.3K | May 15, 2021 | Direct | F1 |
transaction | WISH | Class A Common Stock | Conversion of derivative security | $0 | +3.5K | +9.2% | $0.00 | 41.6K | Jun 15, 2021 | Direct | F1, F2 |
transaction | WISH | Class A Common Stock | Conversion of derivative security | $0 | +3.51K | +9.29% | $0.00 | 41.3K | Jul 15, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WISH | Class B Common Stock | Conversion of derivative security | $0 | -17.5K | -100% | $0.00* | 0 | May 15, 2021 | Class A Common Stock | 17.5K | Direct | F1, F3, F4, F5 | |
transaction | WISH | Class B Common Stock | Conversion of derivative security | $0 | -3.5K | -100% | $0.00* | 0 | Jun 15, 2021 | Class A Common Stock | 3.5K | Direct | F1, F3, F4, F5 | |
transaction | WISH | Class B Common Stock | Conversion of derivative security | $0 | -3.51K | -100% | $0.00* | 0 | Jul 15, 2021 | Class A Common Stock | 3.51K | Direct | F1, F3, F4, F5 |
Id | Content |
---|---|
F1 | Represents the conversion of Class B Common Stock, issued upon settlement of vested Restricted Stock Units, into Class A Common Stock held of record by the Reporting Person. |
F2 | Includes 2,083 shares acquired under ContextLogic Inc.'s employee stock purchase plan on May 20, 2021. |
F3 | All shares of Class B Common Stock will automatically convert, on a one-for-one basis, into shares of Class A Common Stock on the earliest of (i) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions, (ii) the 7-year anniversary of the closing date of the issuer's initial public offering, (iii) the date on which the number of outstanding shares of Class B Common Stock represents less than 5% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock, (iv) the date specified by a vote of the holders of a majority of the then outstanding shares of Class B common stock, or (v) a date that is between 90 and 270 days, as determined by the board of directors, after the death or permanent incapacity of the issuer's founder, CEO, and Chairperson. |
F4 | Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except certain permitted transfers. |
F5 | The Reporting Person elected to convert the Class B Common Stock, issued upon settlement of vested Restricted Stock Units, to Class A Common Stock on a 1-for-1 basis. |