0001062993-24-013349.txt : 20240702 0001062993-24-013349.hdr.sgml : 20240702 20240702170242 ACCESSION NUMBER: 0001062993-24-013349 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240628 FILED AS OF DATE: 20240702 DATE AS OF CHANGE: 20240702 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Forster Joanna CENTRAL INDEX KEY: 0002020136 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39775 FILM NUMBER: 241096734 MAIL ADDRESS: STREET 1: ONE SANSOME STREET, 33RD FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ContextLogic Inc. CENTRAL INDEX KEY: 0001822250 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 272930953 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2648 INTERNATIONAL BLVD., SUITE 115 CITY: OAKLAND STATE: CA ZIP: 94601 BUSINESS PHONE: 415-432-7323 MAIL ADDRESS: STREET 1: 2648 INTERNATIONAL BLVD., SUITE 115 CITY: OAKLAND STATE: CA ZIP: 94601 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0508 4 2024-06-28 0001822250 ContextLogic Inc. LOGC 0002020136 Forster Joanna 2648 INTERNATIONAL BLVD., STE 115 OAKLAND X1 94601 0 1 0 0 General Counsel & CCO 0 Class A Common Stock 2024-06-28 4 M 0 63063 0 A 92155 D Class A Common Stock 2024-07-01 4 F 0 32635 5.592 D 59520 D Restricted Stock Units 0 2024-06-28 4 M 0 63063 0 D Class A Common Stock 63063 0 D The Reporting Person previously received Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Class A Common Stock for each RSU June 28, 2024. The sale reported on this Form 4 represents shares sold in to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.59 to $5.74. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The RSUs became fully vested on June 28, 2024. /s/ Marianne Lewis, Attorney-in-Fact 2024-07-02