Hans Tung - 22 Nov 2021 Form 4 Insider Report for ContextLogic Inc. (LOGC)

Role
Director
Signature
/s/ Renee Jackson, Attorney-in-Fact
Issuer symbol
LOGC
Transactions as of
22 Nov 2021
Net transactions value
-$2,009,667
Form type
4
Filing time
24 Nov 2021, 19:33:37 UTC
Previous filing
23 Nov 2021
Next filing
29 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WISH Class A Common Stock Sale $669,034 -163,199 -0.56% $4.10 29,123,676 22 Nov 2021 By GGV Capital IV, L.P. F1, F2
transaction WISH Class A Common Stock Sale $656,239 -163,199 -0.56% $4.02 28,960,477 23 Nov 2021 By GGV Capital IV, L.P. F2, F3
transaction WISH Class A Common Stock Sale $642,592 -163,202 -0.56% $3.94 28,797,275 24 Nov 2021 By GGV Capital IV, L.P. F2, F4
transaction WISH Class A Common Stock Sale $14,213 -3,467 -0.56% $4.10 617,510 22 Nov 2021 By GGV Capital IV Entrepreneurs Fund L.P. F1, F5
transaction WISH Class A Common Stock Sale $13,941 -3,467 -0.56% $4.02 614,043 23 Nov 2021 By GGV Capital IV Entrepreneurs Fund L.P. F3, F5
transaction WISH Class A Common Stock Sale $13,647 -3,466 -0.56% $3.94 610,577 24 Nov 2021 By GGV Capital IV Entrepreneurs Fund L.P. F4, F5
holding WISH Class A Common Stock 6,555,290 22 Nov 2021 By GGV Capital Select L.P. F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.0800 to $4.1200. 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.
F2 The shares are held directly by GGV Capital IV, L.P. The Reporting Person is a Managing Partner of GGV Capital IV L.L.C., which is the general partner of GGV Capital IV, L.P., and the Reporting Person may be deemed to share voting and investment powers with regard to the securities held directly by such entities.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.9050 to $4.1800. 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.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.58 to $4.06. 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.
F5 The shares are held directly by GGV Capital IV Entrepreneurs Fund L.P. The Reporting Person is a Managing Partner of GGV Capital IV L.L.C., which is the general partner of GGV Capital IV Entrepreneurs Fund L.P., and the Reporting Person may be deemed to share voting and investment powers with regard to the securities held directly by such entities.
F6 The shares are held directly by GGV Capital Select L.P. The Reporting Person is a Managing Partner of GGV Capital Select L.L.C., which is the general partner of GGV Capital Select, L.P., and the Reporting Person may be deemed to share voting and investment powers with regard to the securities held directly by such entities.