0001209191-22-051572.txt : 20220929
0001209191-22-051572.hdr.sgml : 20220929
20220929181811
ACCESSION NUMBER: 0001209191-22-051572
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220927
FILED AS OF DATE: 20220929
DATE AS OF CHANGE: 20220929
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Yan Jun
CENTRAL INDEX KEY: 0001945155
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39775
FILM NUMBER: 221281753
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]
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
2022-09-27
0
0001822250
ContextLogic Inc.
WISH
0001945155
Yan Jun
ONE SANSOME STREET, 33RD FLOOR
SAN FRANCISCO
CA
94104
0
1
0
0
Interim CEO
Restricted Stock Unit
2022-09-27
4
A
0
1948051
0.00
A
Class A Common Stock
1948051
1948051
D
Stock Option (Right to Buy)
1.54
2022-09-27
4
A
0
1948051
0.00
A
2032-09-27
Class A Common Stock
1948051
1948051
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, 50% of the RSUs will vest on May 15, 2023 and the remaining 50% will vest on November 15, 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 the procedures the Company may prescribe at its discretion).
Subject to the Reporting Person's continuous service, 50% of the shares subject to the stock option will vest on March 27, 2023, and the remaining 50% of the shares subject to the stock option will vest on September 27, 2023.
/s/ Marianne Lewis, Attorney-in-Fact
2022-09-29