0001209191-23-024758.txt : 20230418 0001209191-23-024758.hdr.sgml : 20230418 20230418204459 ACCESSION NUMBER: 0001209191-23-024758 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230415 FILED AS OF DATE: 20230418 DATE AS OF CHANGE: 20230418 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Just Brett CENTRAL INDEX KEY: 0001833840 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39775 FILM NUMBER: 23828308 MAIL ADDRESS: STREET 1: ONE SANSOME STREET 40TH 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 X0407 4 2023-04-15 0 0001822250 ContextLogic Inc. WISH 0001833840 Just Brett ONE SANSOME STREET, 33RD FLOOR SAN FRANCISCO CA 94104 0 1 0 0 Chief Accounting Officer 0 Class A Common Stock 2023-04-15 4 M 0 54 0.00 A 8128 D Class A Common Stock 2023-04-15 4 F 0 28 7.57 D 8100 D Restricted Stock Unit 0.00 2023-04-15 4 M 0 5 0.00 D 2025-08-19 Class A Common Stock 5 4 D Restricted Stock Unit 0.00 2023-04-15 4 M 0 3 0.00 D 2026-05-02 Class A Common Stock 3 0 D Restricted Stock Unit 0.00 2023-04-15 4 M 0 20 0.00 D 2026-11-22 Class A Common Stock 20 82 D Restricted Stock Unit 0.00 2023-04-15 4 M 0 26 0.00 D 2027-09-28 Class A Common Stock 26 453 D The Reporting Person received Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Class A Common Stock for each RSU. This reported transaction represents the settlement of RSUs vested as of April 15, 2023. Reflects shares adjusted to give effect to a 1-for-30 reverse stock split which was effective April 12, 2023. Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the settlement of RSUs. This reported transaction represents the settlement of RSUs vested as of April 15, 2023. 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 May 1, 2019, and an additional 1/60th of the remaining RSUs vest monthly thereafter for a period of 5 years. 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, 1/48th of the RSUs vest monthly for a period of 4 years beginning on May 1, 2019. 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, 1/48th of the RSUs vest monthly for a period of 4 years beginning on September 1, 2019. 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, 1/48th of the RSUs vest monthly for a period of 4 years beginning on October 1, 2020. /s/ Marianne Lewis, Attorney-in-Fact 2023-04-18