Devang Shah - Oct 18, 2021 Form 4 Insider Report for ContextLogic Inc. (WISH)

Role
General Counsel and Secretary
Signature
/s/ Renee Jackson, Attorney-in-Fact
Stock symbol
WISH
Transactions as of
Oct 18, 2021
Transactions value $
-$51,665
Form type
4
Date filed
10/20/2021, 07:13 PM
Previous filing
Oct 19, 2021
Next filing
Oct 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WISH Class A Common Stock Sale -$51.7K -10.3K -9.17% $5.00 102K Oct 18, 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.