0001209191-22-045490.txt : 20220811
0001209191-22-045490.hdr.sgml : 20220811
20220811185710
ACCESSION NUMBER: 0001209191-22-045490
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220809
FILED AS OF DATE: 20220811
DATE AS OF CHANGE: 20220811
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KUTSCHER LAWRENCE M
CENTRAL INDEX KEY: 0001192742
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39775
FILM NUMBER: 221157369
MAIL ADDRESS:
STREET 1: ONE DIAMOND HILL RD
CITY: MURRAY HILL
STATE: NJ
ZIP: 07974
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ContextLogic Inc.
CENTRAL INDEX KEY: 0001822250
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
IRS NUMBER: 272930953
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE SANSOME STREET 33RD FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
BUSINESS PHONE: 415-432-7323
MAIL ADDRESS:
STREET 1: ONE SANSOME STREET 33RD FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-08-09
0
0001822250
ContextLogic Inc.
WISH
0001192742
KUTSCHER LAWRENCE M
ONE SANSOME STREET, 33RD FLOOR
SAN FRANCISCO
CA
94104
1
0
0
0
Restricted Stock Unit
2022-08-09
4
A
0
261904
0.00
A
Class A Common Stock
261904
261904
D
Restricted Stock Unit
2022-08-09
4
A
0
4960
0.00
A
Class A Common Stock
4960
4960
D
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.
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, one-third of the RSUs will vest annually beginning on August 9, 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 procedures the Company may prescribe at its discretion).
The RSUs were granted in connection with the Reporting Person's service as a member of the Audit Committee of the Board of Directors for the Issuer. Subject to the Reporting Person's continued service, the RSUs will vest in full on the earlier of the one-year anniversary of the date of grant or on the date of the regular annual meeting of the Issuer's stockholders following the date of grant. 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).
/s/ Marianne Lewis, Attorney-in-Fact
2022-08-11