4//SEC Filing
Farlekas Michael 4
Accession 0001193125-25-311193
CIK 0002064307other
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 4:00 PM ET
Size
8.0 KB
Accession
0001193125-25-311193
Insider Transaction Report
Form 4
Farlekas Michael
Director
Transactions
- Exercise/Conversion
Common Stock
2025-12-05+64,801→ 90,485 total - Exercise/Conversion
Restricted Stock Units
2025-12-05+64,801→ 0 totalExercise: $0.00→ Common Stock (64,801 underlying)
Footnotes (3)
- [F1]The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Common Stock, $0.0001 par value, for each RSU. This reported transaction represents the settlement of RSUs vested as of December 5, 2025.
- [F2]This reported transaction represents the settlement of RSUs vested as of December 5, 2026.
- [F3]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 occcurrence of a change in control or any other transaction the Board designates as a "special transaction". Vested RSUs will settle on or followaing 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 it's discretion).
Documents
Issuer
ContextLogic Holdings Inc.
CIK 0002064307
Entity typeother
Related Parties
1- filerCIK 0001842996
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 4:00 PM ET
- Size
- 8.0 KB