JUST BRETT (Chief Accounting Officer) exercised options at CONTEXTLOGIC INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 8/19/2024ACC: 0000902664-24-005201
Officer· Chief Accounting Officer
Since Dec 2020
-3.31K
Net shares
Net seller
$17.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
6.46K acquired · 9.77K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+6.46K
Price / share
—
Trade value
—
% of position
38.7%
8/15/2024
16.70K→23.17K
Class A Common Stock
Direct
Shares
−3.31K
Price / share
$5.42
Trade value
$17.93K
% of position
14.3%
8/16/2024
23.17K→19.86K
Total
Net shares
+3.16K
Net value
-$17.93K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 8/15/2024 | M · Option Exercise | +6.46K | — | — | 38.7% | 16.70K | 23.17K |
| Class A Common Stock Direct | 8/16/2024 | F · Tax Withholding | −3.31K | $5.42 | $17.93K | 14.3% | 23.17K | 19.86K |
| Total | +3.16K | -$17.93K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Class A Common Stock
6.46K shares
Shares
−6.46K
Strike price
0
Held after
19.40K
Exercisable
—
8/15/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock6.46K shares | 8/15/2024 | M · Option Exercise | −6.46K | 0 | — | 19.40K |