Key facts
- This page summarizes Pai Liu's Form 4/A - Amendment filing for ContextLogic Inc. (LOGC).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 18 Jan 2023, 15:38.
Key filing fact
Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Tax liability
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
Section 16 status
Pai Liu is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Footnote F1
On August 17, 2022, the Reporting Person filed a Form 4 that inadvertently stated the incorrect number of shares settled and withheld, and those numbers are corrected in this Form 4.
Footnote F2
This number reflects the corrected number of aggregate Restricted Stock Units ("RSUs") settled as of August 15, 2022.
Footnote F3
Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the settlement of RSUs reported on the original Form 4, as adjusted for the correction noted in this Form 4 filing.
Footnote F4
This reported transaction represents the settlement of RSUs vested as of August 15, 2022.
Footnote F5
Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. Subject to the reporting person's continuous service, 1/12th of the RSUs will vest on a quarterly basis beginning on May 15, 2022 (with all quarterly vesting events occurring on a "Company Vesting Date" of February 15, May 15, April 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 the procedures the Company may prescribe at its discretion).