0001209191-21-032499.txt : 20210513
0001209191-21-032499.hdr.sgml : 20210513
20210513194232
ACCESSION NUMBER: 0001209191-21-032499
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210511
FILED AS OF DATE: 20210513
DATE AS OF CHANGE: 20210513
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Reses Jacqueline D
CENTRAL INDEX KEY: 0001699681
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39775
FILM NUMBER: 21921449
MAIL ADDRESS:
STREET 1: C/O SQUARE, INC.
STREET 2: 1455 MARKET STREET #600
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 40TH FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
BUSINESS PHONE: 415-432-7323
MAIL ADDRESS:
STREET 1: ONE SANSOME STREET 40TH FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-05-11
0
0001822250
ContextLogic Inc.
WISH
0001699681
Reses Jacqueline D
ONE SANSOME STREET, 40TH FLOOR
SAN FRANCISCO
CA
94104
1
1
0
0
Executive Chairperson
Restricted Stock Unit
2021-05-11
4
A
0
828500
0.00
A
Class A Common Stock
828500
828500
D
Restricted Stock Unit
2021-05-11
4
A
0
828500
0.00
A
Class A Common Stock
828500
828500
D
The reporting person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Issuer's Class A Common Stock for each RSU.
Subject to the reporting person's continuous service, 33.33% of the RSUs will vest on May 15, 2022, and an additional 1/8th of the remaining RSUs will vest on each Company Vesting Date (February 15th, May 15th, August 15th, or November 15th) thereafter. Vested RSUs will settle on or following the vesting date, but in any event within 60 days following the vesting date.
The RSUs granted to the reporting person are subject to vesting based on achievement of a stock price multiple on May 15, 2023, as well as the reporting person's continuous service through such date, as set forth in the RSU Agreement (with a maximum level of vesting of 200%). Vested RSUs will settle no later than two and one-half months following the end of the year in which the vesting date applicable to an RSU occurs.
/s/ Jilliana Wong, attorney-in-fact
2021-05-13