Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WISH | Class A Common Stock | Options Exercise | $0 | +53.3K | $0.00 | 53.3K | May 15, 2023 | Direct | F1 | |
transaction | WISH | Class A Common Stock | Tax liability | -$148K | -18.4K | -34.58% | $8.02 | 34.9K | May 15, 2023 | Direct | F2 |
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 | -32.5K | -50% | $0.00 | 32.5K | May 15, 2023 | Class A Common Stock | 32.5K | $0.00 | Direct | F3, F4 |
transaction | WISH | Restricted Stock Unit | Options Exercise | $0 | -20.8K | -12.5% | $0.00 | 146K | May 15, 2023 | Class A Common Stock | 20.8K | $0.00 | Direct | F3, F5 |
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 May 15, 2023. |
F2 | Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the settlement of Restricted Stock Units ("RSUs"). |
F3 | This reported transaction represents the settlement of RSUs vested as of May 15, 2023. |
F4 | Subject to the Reporting Person's continuous service, 50% of the RSUs will vest on May 15, 2023 and the remaining 50% will vest on November 15, 2023. Vested RSUs will settle on or following the vesting date, but in any event within 60 days following the vesting date (unless the Reporting Person and the Company have agreed in writing to a later settlement date pursuant to the procedures the Company may prescribe at its discretion). |
F5 | Subject to the Reporting Person's continuous service, 1/8th of the RSUs will vest on a quarterly basis beginning on November 15, 2022 (with all quarterly vesting events occurring on a "Company Vesting Date" of February 15, May 15, August 15, or November 15). Vested RSUs will settle on or following the vesting date, but in any event within 60 days following the vesting date (unless the Reporting Person and the Company have agreed in writing to a later settlement date pursuant to procedures the Company may prescribe at its discretion). |