Key facts
- This page summarizes Mauricio Monico's Form 4 filing for ContextLogic Inc. (LOGC).
- 6 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 20 Feb 2024, 18:28.
Mauricio Monico - 15 Feb 2024 Form 4 Insider Report for ContextLogic Inc. (LOGC)
- Reporting relationship
- Chief Product Officer
- Issuer ticker
- LOGC
- Reported as of
- 15 Feb 2024
- Net transaction value
- -$56,307
- SEC form
- 4
- Accepted by SEC
- 20 Feb 2024, 18:28:17 UTC
- Prior SEC filing
- 17 Nov 2023
- Next SEC filing
- 19 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Marianne Lewis, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Mauricio Monico filed Form 4 for ContextLogic Inc. (LOGC) on 20 Feb 2024.
Change
- Previous filing in this sequence was filed on 17 Nov 2023.
- Current net transaction value: -$56,307.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WISH
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +18,930
- Change %
- +43%
- Price
- $0.000000
- Shares after
- 63,267
- Date
- 15 Feb 2024
- Ownership
- Direct
- Footnotes
- F1
WISH
transaction
Class A Common Stock
Tax liability
- Transaction value
- $56,307
- Shares
- -8,232
- Change %
- -13%
- Price
- $6.84
- Shares after
- 55,035
- Date
- 15 Feb 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WISH
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- +2,363
- Change %
- +17%
- Price
- $0.000000
- Shares after
- 16,544
- Date
- 15 Feb 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,363
- Exercise price
- $0.000000
- Footnotes
- F3, F4
WISH
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- +496
- Change %
- Price
- $0.000000
- Shares after
- 496
- Date
- 15 Feb 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 496
- Exercise price
- $0.000000
- Footnotes
- F3, F5
WISH
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- +4,166
- Change %
- +100%
- Price
- $0.000000
- Shares after
- 8,334
- Date
- 15 Feb 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 4,166
- Exercise price
- $0.000000
- Footnotes
- F3, F5
WISH
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- +11,905
- Change %
- +17%
- Price
- $0.000000
- Shares after
- 83,333
- Date
- 15 Feb 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 11,905
- Exercise price
- $0.000000
- Footnotes
- F3, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Issuer's Class A Common Stock for each RSU. This reported transaction represents the settlement of RSUs vested as of February 15, 2024.
Footnote F2
Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the settlement of RSUs.
Footnote F3
This reported transaction represents the settlement of RSUs vested as of February 15, 2024.
Footnote F4
Subject to the Reporting Person's continuous service, 1/16th of the RSUs will vest on a quarterly basis beginning on February 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).
Footnote F5
Subject to the Reporting Person's continuous service, 1/8th of the RSUs will vest on a quarterly basis beginning on August 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).
Footnote F6
Subject to the Reporting Person's continuous service, 10% of the RSUs will vest on a quarterly basis beginning on May 15, 2023 (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).