Shuyan (Rachel) Wang - Apr 15, 2023 Form 4 Insider Report for ContextLogic Inc. (WISH)

Role: Head of Data Science
Signature: /s/ Marianne Lewis, Attorney-in-Fact
Stock symbol: WISH
Transactions as of: Apr 15, 2023
Transactions value $: -$106
Form type: 4
Date filed: 4/18/2023, 08:50 PM
Previous filing: Mar 17, 2023
Next filing: May 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WISH	Class A Common Stock	Options Exercise	$0	+41	+151.85%	$0.00	68	Apr 15, 2023	Direct	F1, F2
transaction	WISH	Class A Common Stock	Tax liability	-$106	-14	-20.59%	$7.57	54	Apr 15, 2023	Direct	F3

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	-41	-8.35%	$0.00	450	Apr 15, 2023	Class A Common Stock	41	$0.00	Direct	F4, F5

* 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 April 15, 2023.
F2	Reflects shares adjusted to give effect to a 1-for-30 reverse stock split which was effective April 12, 2023.
F3	Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the settlement of RSUs.
F4	This reported transaction represents the settlement of RSUs vested as of April 15, 2023.
F5	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.