Hans Tung - May 16, 2022 Form 4 Insider Report for ContextLogic Inc. (WISH)

Role
Director
Signature
/s/ Marianne Lewis, Attorney-in-Fact
Stock symbol
WISH
Transactions as of
May 16, 2022
Transactions value $
-$3,697,158
Form type
4
Date filed
5/18/2022, 09:04 PM
Previous filing
Mar 31, 2022
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WISH Class A Common Stock Sale -$125K -82.1K -0.31% $1.52 26.6M May 16, 2022 By GGV Capital IV, L.P. F1, F2
transaction WISH Class A Common Stock Sale -$1.44M -918K -3.45% $1.57 25.7M May 17, 2022 By GGV Capital IV, L.P. F2, F3
transaction WISH Class A Common Stock Sale -$1.61M -1.05M -4.06% $1.54 24.7M May 18, 2022 By GGV Capital IV, L.P. F2, F4
transaction WISH Class A Common Stock Sale -$2.64K -1.74K -0.31% $1.52 565K May 16, 2022 By GGV Capital IV Entrepreneurs Fund L.P. F1, F5
transaction WISH Class A Common Stock Sale -$30.5K -19.5K -3.45% $1.57 546K May 17, 2022 By GGV Capital IV Entrepreneurs Fund F3, F5
transaction WISH Class A Common Stock Sale -$34.2K -22.2K -4.06% $1.54 523K May 18, 2022 By GGV Capital IV Entrepreneurs Fund F4, F5
transaction WISH Class A Common Stock Sale -$17.7K -11.6K -0.19% $1.52 6.22M May 16, 2022 By GGV Capital Select L.P. F1, F4, F6
transaction WISH Class A Common Stock Sale -$204K -130K -2.09% $1.57 6.09M May 17, 2022 By GGV Capital Select L.P. F3, F6
transaction WISH Class A Common Stock Sale -$229K -148K -2.44% $1.54 5.94M May 18, 2022 By GGV Capital Select L.P. F4, 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 $1.5000 to $1.5449. 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 $1.5100 to $1.6004. 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 $1.5000 to $1.6100. 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.

Remarks:

Exhibit 24 - Power of Attorney