0001209191-22-054017.txt : 20221018 0001209191-22-054017.hdr.sgml : 20221018 20221018194735 ACCESSION NUMBER: 0001209191-22-054017 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221015 FILED AS OF DATE: 20221018 DATE AS OF CHANGE: 20221018 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Shah Devang CENTRAL INDEX KEY: 0001591054 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39775 FILM NUMBER: 221317028 MAIL ADDRESS: STREET 1: 699 8TH STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 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 2022-10-15 0 0001822250 ContextLogic Inc. WISH 0001591054 Shah Devang ONE SANSOME STREET, 33RD FLOOR SAN FRANCISCO CA 94104 0 1 0 0 GC, Sec, Chief Admin Officer Class A Common Stock 2022-10-15 4 M 0 22638 0.00 A 238433 D Class A Common Stock 2022-10-15 4 F 0 11225 0.69 D 227208 D Restricted Stock Unit 0.00 2022-10-15 4 M 0 9560 0.00 D 2025-05-31 Class A Common Stock 9560 38250 D Restricted Stock Unit 0.00 2022-10-15 4 M 0 7870 0.00 D 2026-05-02 Class A Common Stock 7870 47220 D Restricted Stock Unit 0.00 2022-10-15 4 M 0 5208 0.00 D 2027-09-09 Class A Common Stock 5208 119800 D The Reporting Person received restricted stock units ("RSUs") which represent a contingent right to receive on share of Issuer's Class A Common Stock for each RSU. This reported transaction represents the settlement of RSUs vested as of October 15, 2022. Represents the number of shares held by the Issuer to satisfy the tax withholding obligation in connection with the settlement of RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. Subject to the reporting person's continued service, 20% of the RSUs vested on February 5, 2019, and 1/60th of the RSUs vest monthly thereafter for a period of 4 years. This reported transaction represents the settlement of RSUs vested as of October 15, 2022. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. Subject to the reporting person's continued service, the RSUs vest on a monthly basis over a period of 4 years beginning on May 1, 2019, with 10% of the total RSUs vesting over the first year, 20% of the total vesting over the second year, 30% of the total vesting over the third year, and 40% of the total vesting over the fourth year. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. Subject to the reporting person's continued employment, 1/48th of the RSUs vest on a monthly basis beginning on October 1, 2020 for a period of 4 years. /s/ Marianne Lewis, Attorney-in-Fact 2022-10-18