0001209191-22-005984.txt : 20220201 0001209191-22-005984.hdr.sgml : 20220201 20220201174737 ACCESSION NUMBER: 0001209191-22-005984 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220201 FILED AS OF DATE: 20220201 DATE AS OF CHANGE: 20220201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Talwar Vijay CENTRAL INDEX KEY: 0001500039 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39775 FILM NUMBER: 22580445 MAIL ADDRESS: STREET 1: 705 FIFTH AVENUE SOUTH STREET 2: SUITE 900 CITY: SEATTLE STATE: WA ZIP: 98104 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 2022-02-01 0 0001822250 ContextLogic Inc. WISH 0001500039 Talwar Vijay ONE SANSOME STREET, 33RD FLOOR SAN FRANCISCO CA 94104 1 1 0 0 Chief Executive Officer Restricted Stock Unit 2022-02-01 4 A 0 4633204 0.00 A Class A Common Stock 4633204 4633204 D Stock Option (Right to Buy) 2.86 2022-02-01 4 A 0 6486486 0.00 A 2032-02-01 Class A Common Stock 6486486 6486486 D The Restricted Stock Units ("RSUs") and stock option represent inducement grants under the Company's 2022 New Employee Equity Incentive Plan. The Reporting Person was granted RSUs which represent a contingent right to receive one share of Company's Class A Common Stock for each RSU. Subject to the Reporting Person's continuous service, 25% of the RSUs will vest on February 15, 2023, with an additional 1/12th of the remaining RSUs vesting on each Company Vesting Date thereafter. A "Company Vesting Date" means 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). Subject to the Reporting Person's continuous service, 1/16th of the shares subject to the stock option vest on each Company Vesting Date beginning on May 15, 2022. A "Company Vesting Date" means February 15, May 15, August 15, or November 15. /s/ Renee Jackson, Attorney-in-Fact 2022-02-01