Key facts
- This page summarizes Michael Farlekas's Form 4 filing for ContextLogic Inc. (LOGC).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Apr 2025, 20:44.
Michael Farlekas - 19 Apr 2025 Form 4 Insider Report for ContextLogic Inc. (LOGC)
- Reporting relationship
- Director
- Issuer ticker
- LOGC
- Reported as of
- 19 Apr 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 21 Apr 2025, 20:44:13 UTC
- Prior SEC filing
- 17 Jan 2025
- Next SEC filing
- 08 Dec 2025
- 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
Michael Farlekas filed Form 4 for ContextLogic Inc. (LOGC) on 21 Apr 2025.
Change
- Previous filing in this sequence was filed on 17 Jan 2025.
- Current net transaction value: $0.
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.
LOGC
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +25,684
- Change %
- Price
- $0.000000
- Shares after
- 25,684
- Date
- 19 Apr 2025
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LOGC
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -25,684
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 19 Apr 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 25,684
- Exercise price
- $0.000000
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 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 April 19, 2025.
Footnote F2
This reported transaction represents the settlement of RSUs vested as of April 19, 2025.
Footnote F3
The RSUs were granted in connection with the Reporting Person's service as a member of the Board of Directors for the Issuer. Subject to the Reporting Person's continued service, the RSUs will vest in full on the one-year anniversary of the date of grant based upon continued service, or on a pro-rata basis upon termination of service, including resignation before vesting. Upon termination of service, the Board in its discretion may fully vest the Reporting Person's RSUs. RSUs will fully vest in connection with the occurrence of a change in control or any other transaction the Board designates as a "special transaction". 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 Issuer have agreed in writing to a later settlement date pursuant to the procedures the Issuer may prescribe at its discretion).