Peiyen Chuang - Sep 17, 2021 Form 4 Insider Report for ContextLogic Inc. (WISH)

Role
Vice President of Operations
Signature
/s/ Renee Jackson, Attorney-in-Fact
Stock symbol
WISH
Transactions as of
Sep 17, 2021
Transactions value $
-$19,599
Form type
4
Date filed
9/21/2021, 08:37 PM
Previous filing
Sep 17, 2021
Next filing
Oct 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WISH Class A Common Stock Sale -$19.6K -3.11K -1.64% $6.30 187K Sep 17, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.