Jacqueline D. Reses - 17 Dec 2021 Form 4 Insider Report for ContextLogic Inc. (LOGC)

Reporting relationship: Executive Chairperson, Director
Issuer ticker: LOGC
Reported as of: 17 Dec 2021
Net transaction value: -$22,052
SEC form: 4
Accepted by SEC: 21 Dec 2021, 19:28:38 UTC
Prior SEC filing: 17 Dec 2021
Next SEC filing: 15 Jun 2022
Source filing: View source filing
Reporting owner signature: /s/ Renee Jackson, Attorney-in-Fact

Key filing fact

Jacqueline D. Reses filed Form 4 for ContextLogic Inc. (LOGC) on 21 Dec 2021.

Key facts

This page summarizes Jacqueline D. Reses's Form 4 filing for ContextLogic Inc. (LOGC).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 21 Dec 2021, 19:28.

Change

Previous filing in this sequence was filed on 17 Dec 2021.
Current net transaction value: -$22,052.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WISH transaction

Class A Common Stock

Sale

Transaction value: $22,052
Shares: -7,351
Change %: -26%
Price: $3.00
Shares after: 21,170
Date: 17 Dec 2021
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.