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