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Just Brett's Form 4 filing

ContextLogic Holdings Inc. (LOGC) · filed Aug 19, 2021

Accession no.
0001209191-21-052679
Filed
Aug 19, 2021
Trade date
Aug 15-16, 2021
Filing delay
4 daysLate
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 3 non-derivative transactions and 14 derivative transactions. Open-market sales total $29.7K. It was filed 4 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Just BrettCIK 0001833840Officer (Interim Co-CFO, Chief Acc Ofcr)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 15, 2021Class A Common StockCConversionAcquired+3,494$0.00$040,870Direct
Aug 15, 2021Class A Common StockMOption exerciseAcquired+4,422$0.00$045,292Direct
Aug 16, 2021Class A Common StockSSaleDisposed−4,287$6.92F3−$29,666.0441,005Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Aug 15, 2021Class B Common StockMOption exerciseDisposed−1,090$0.00$014,200Direct
Aug 15, 2021Class A Common StockMOption exerciseAcquired+1,090$0.00$01,090Direct
Aug 15, 2021Class B Common StockMOption exerciseDisposed−130$0.00$02,870Direct
Aug 15, 2021Class A Common StockMOption exerciseAcquired+130$0.00$01,220Direct
Aug 15, 2021Class B Common StockMOption exerciseDisposed−770$0.00$013,170Direct
Aug 15, 2021Class A Common StockMOption exerciseAcquired+770$0.00$01,990Direct
Aug 15, 2021Class B Common StockMOption exerciseDisposed−92$0.00$01,844Direct
Aug 15, 2021Class A Common StockMOption exerciseAcquired+92$0.00$02,082Direct
Aug 15, 2021Class B Common StockMOption exerciseDisposed−614$0.00$014,754Direct
Aug 15, 2021Class A Common StockMOption exerciseAcquired+614$0.00$02,696Direct
Aug 15, 2021Class B Common StockMOption exerciseDisposed−798$0.00$029,552Direct
Aug 15, 2021Class A Common StockMOption exerciseAcquired+798$0.00$03,494Direct
Aug 15, 2021Class A Common StockCConversionDisposed−3,494$0.00$00Direct
Aug 15, 2021Class A Common StockMOption exerciseDisposed−4,422$0.00$066,332Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F3

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.752 to $6.930. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)