0001213900-24-106958.txt : 20241209 0001213900-24-106958.hdr.sgml : 20241209 20241209163003 ACCESSION NUMBER: 0001213900-24-106958 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20241206 FILED AS OF DATE: 20241209 DATE AS OF CHANGE: 20241209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Farlekas Michael CENTRAL INDEX KEY: 0001842996 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39775 FILM NUMBER: 241535457 MAIL ADDRESS: STREET 1: 9600 GREAT HILLS TRAIL STREET 2: SUITE 300E CITY: AUSTIN STATE: TX ZIP: 78759 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 ownership.xml X0508 4 2024-12-06 0 0001822250 ContextLogic Inc. LOGC 0001842996 Farlekas Michael 2648 INTERNATIONAL BLVD., STE 115 OAKLAND CA 94601 1 0 0 0 0 Restrictive Stock Unit 2024-12-06 4 A 0 64801 0 A Class A Common Stock 64801 90485 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. The RSUs were granted in connection with the Reporting Person's service as a member of the Board of Directors for the Issuer. Subject to the Reporting Person's continued service, the RSUs will vest in full on the one-year anniversary of the date of grant based upon continued service, or on a pro-rata basis upon termination of service, including resignation before vesting. Upon termination of service, the Board in its discretion may fully vest the Reporting Person's RSUs. RSUs will fully vest in connection with the occurrence of a change in control or any other transaction the Board designates as a "special transaction". 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 Issuer have agreed in writing to a later settlement date pursuant to the procedures the Issuer may prescribe at its discretion). /s/ Marianne Lewis, Attorney-in-Fact 2024-12-09