0001209191-21-056480.txt : 20210916 0001209191-21-056480.hdr.sgml : 20210916 20210916192941 ACCESSION NUMBER: 0001209191-21-056480 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210914 FILED AS OF DATE: 20210916 DATE AS OF CHANGE: 20210916 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Chuang Peiyen CENTRAL INDEX KEY: 0001831819 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39775 FILM NUMBER: 211258946 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 X0306 4 2021-09-14 0 0001822250 ContextLogic Inc. WISH 0001831819 Chuang Peiyen ONE SANSOME STREET, 40TH FLOOR SAN FRANCISCO CA 94104 0 1 0 0 Vice President of Operations Class A Common Stock 2021-09-14 4 C 0 5000 0.238 A 178483 D Class A Common Stock 2021-09-15 4 C 0 5000 0.238 A 183483 D Stock Option (right to buy) 0.238 2021-09-14 4 M 0 5000 0.238 D 2024-08-11 Class B Common Stock 5000 179000 D Class B Common Stock 2021-09-14 4 M 0 5000 0.00 A Class A Common Stock 5000 5000 D Class B Common Stock 2021-09-14 4 C 0 5000 0.00 D Class A Common Stock 5000 0 D Stock Option (right to buy) 0.238 2021-09-15 4 M 0 5000 0.238 D 2024-08-11 Class B Common Stock 5000 174000 D Class B Common Stock 2021-09-15 4 M 0 5000 0.00 A Class A Common Stock 5000 5000 D Class B Common Stock 2021-09-15 4 C 0 5000 0.00 D Class A Common Stock 5000 0 D Represents the conversion of Class B Common Stock, issued upon exercise of options granted under the ContextLogic, Inc. 2010 Stock Plan, into Class A Common Stock held of record by the Reporting Person. Options granted under the ContextLogic, Inc. 2010 Stock Plan. The option shares vest and become exercisable with respect to 20% of the total shares on July 1, 2015, and with respect to 1/48th of the remaining shares each month thereafter. All shares of Class B Common Stock will automatically convert, on a one-for-one basis, into shares of Class A Common Stock on the earliest of (i) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions, (ii) the 7-year anniversary of the closing date of the issuer's initial public offering, (iii) the date on which the number of outstanding shares of Class B Common Stock represents less than 5% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock, (iv) the date specified by a vote of the holders of a majority of the then outstanding shares of Class B common stock, or (v) a date that is between 90 and 270 days, as determined by the board of directors, after the death or permanent incapacity of the issuer's founder, CEO, and Chairperson. Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except certain permitted transfers. /s/ Renee Jackson, Attorney-in-Fact 2021-09-16