| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WISH | Restricted Stock Unit | Options Exercise | $0 | -13.6K | -10% | $0.00 | 123K | Apr 15, 2022 | Class B Common Stock | 13.6K | $0.00 | Direct | F1, F2 |
| transaction | WISH | Class B Common Stock | Options Exercise | $0 | +13.6K | +0.02% | $0.00 | 56.8M | Apr 15, 2022 | Class A Common Stock | 13.6K | Direct | F3, F4 | |
| transaction | WISH | Restricted Stock Unit | Options Exercise | $0 | -135K | -14.29% | $0.00 | 811K | Apr 15, 2022 | Class B Common Stock | 135K | $0.00 | Direct | F1, F5 |
| transaction | WISH | Class B Common Stock | Options Exercise | $0 | +135K | +0.24% | $0.00 | 57M | Apr 15, 2022 | Class A Common Stock | 135K | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | This reported transaction represents the settlement of Restricted Stock Units ("RSUs") vested as of April 15, 2022. |
| F2 | Each RSU represents a contingent right to receive one share of Issuer's Class B Common Stock. Subject to the reporting person's continued service, 1/60th of the RSUs vest monthly beginning on February 1, 2018 for a period of 5 years. |
| 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 | Each RSU represents a contingent right to receive one share of Issuer's Class B Common Stock. Subject to the reporting person's continued employment, 1/48th of the RSUs vest on a monthly basis beginning on October 23, 2018 for a period of 4 years. |