Stephanie Tilenius - Aug 15, 2022 Form 4 Insider Report for ContextLogic Inc. (WISH)

Role
Director
Signature
/s/ Marianne Lewis, Attorney-in-Fact
Stock symbol
WISH
Transactions as of
Aug 15, 2022
Transactions value $
$0
Form type
4
Date filed
8/17/2022, 09:56 PM
Previous filing
Aug 11, 2022
Next filing
Oct 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WISH Class A Common Stock Options Exercise $0 +27.8K +81.03% $0.00 62.1K Aug 15, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -27.8K -33.33% $0.00 55.6K Aug 15, 2022 Class A Common Stock 27.8K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received restricted stock units ("RSUs") which represent a contingent right to receive on share of Class A Common Stock for each RSU. This reported transaction represents the settlement of RSUs vested as of August 15, 2022.
F2 This reported transaction represents the settlement of RSUs vested as of August 15, 2022
F3 Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. Subject to the Reporting Person's continued service, 25% of the RSUs will vest annually beginning on August 4, 2021.