Tarun Kumar Jain - Nov 17, 2021 Form 4 Insider Report for ContextLogic Inc. (WISH)

Role: Chief Product Officer
Signature: /s/ Renee Jackson, Attorney-in-Fact
Stock symbol: WISH
Transactions as of: Nov 17, 2021
Transactions value $: -$330,426
Form type: 4
Date filed: 11/19/2021, 06:14 PM
Previous filing: Nov 17, 2021
Next filing: Dec 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WISH	Class A Common Stock	Sale	-$330K	-67.6K	-36.66%	$4.89	117K	Nov 17, 2021	Direct	F1, F2

* 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 Restricted Stock Units ("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.
F2	The price reported in column 4 is a weighted average price. These shares were pooled and sold in multiple transactions at prices ranging from $4.80 to $4.8897. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

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 Restricted Stock Units ("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.

The price reported in column 4 is a weighted average price. These shares were pooled and sold in multiple transactions at prices ranging from $4.80 to $4.8897. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.