Hans Tung - 16 Aug 2022 Form 4 Insider Report for ContextLogic Inc. (LOGC)

Role
Director
Signature
/s/ Marianne Lewis, Attorney-in-Fact
Issuer symbol
LOGC
Transactions as of
16 Aug 2022
Net transactions value
-$3,189,209
Form type
4
Filing time
18 Aug 2022, 16:57:54 UTC
Previous filing
15 Aug 2022
Next filing
09 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WISH Class A Common Stock Sale $2,723,757 -1,614,461 -7.5% $1.69 20,038,408 16 Aug 2022 By GGV Capital IV, L.P. F1, F2
transaction WISH Class A Common Stock Sale $57,754 -34,233 -7.5% $1.69 424,859 16 Aug 2022 By GGV Capital IV Entrepreneurs Fund L.P. F1, F3
transaction WISH Class A Common Stock Sale $407,698 -241,656 -4.4% $1.69 5,244,232 16 Aug 2022 By GGV Capital Select L.P. F1, F4
holding WISH Class A Common Stock 24,720 16 Aug 2022 Direct
* 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 $1.56 to $1.78. 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 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.
F4 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.