Shuyan (rachel) Wang - 15 Mar 2023 Form 4 Insider Report for ContextLogic Inc. (LOGC)

Role: Head of Data Science
Signature: /s/ Marianne Lewis, Attorney-in-Fact
Issuer symbol: LOGC
Transactions as of: 15 Mar 2023
Net transactions value: -$162
Form type: 4
Filing time: 17 Mar 2023, 18:07:47 UTC
Previous filing: 10 Mar 2023
Next filing: 18 Apr 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	Options Exercise	$0	+1,230		$0.000000	1,230	15 Mar 2023	Direct	F1
transaction	WISH	Class A Common Stock	Tax liability	$162	-402	-33%	$0.4020	828	15 Mar 2023	Direct	F2

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	-1,230	-7.7%	$0.000000	14,750	15 Mar 2023	Class A Common Stock	1,230	$0.000000	Direct	F3, F4

* 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 one share of Class A Common Stock for each RSU. This reported transaction represents the settlement of RSUs vested as of March 15, 2023.
F2	Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the settlement of RSUs.
F3	This reported transaction represents the settlement of RSUs vested as of March 15, 2023.
F4	Each RSU represents a contingent right to receive one share of Class A Common Stock. Subject to the Reporting Person's continued service, 25% of the RSUs vested on March 9, 2021, and an additional 1/36 of the remaining RSUs vest monthly thereafter for a period of 3 years.