4//SEC Filing
Bajaj Rishi 4
Accession 0000902664-25-002177
CIK 0001822250other
Filed
May 7, 8:00 PM ET
Accepted
May 8, 4:10 PM ET
Size
9.1 KB
Accession
0000902664-25-002177
Insider Transaction Report
Form 4
Bajaj Rishi
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2025-05-06+55,856→ 75,856 total - Tax Payment
Class A Common Stock
2025-05-07$6.95/sh−24,722$171,818→ 51,134 total - Exercise/Conversion
Restricted Stock Units
2025-05-06−55,856→ 0 totalExercise: $0.00→ Class A Common Stock (55,856 underlying)
Footnotes (3)
- [F1]The Reporting Person previously received Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Class A Common Stock, $0.0001 par value, for each RSU. This reported transaction represents the settlement of RSUs vested as of May 6, 2025.
- [F2]The sale reported on this Form 4 represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F3]The RSUs became fully vested on May 6, 2025.
Documents
Issuer
ContextLogic Inc.
CIK 0001822250
Entity typeother
Related Parties
1- filerCIK 0001619438
Filing Metadata
- Form type
- 4
- Filed
- May 7, 8:00 PM ET
- Accepted
- May 8, 4:10 PM ET
- Size
- 9.1 KB