| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WISH | Class A Common Stock | Conversion of derivative security | $0 | +4.92K | +5.16% | $0.00 | 100K | Jun 15, 2022 | Direct | F1 |
| transaction | WISH | Class A Common Stock | Tax liability | -$4.22K | -2.44K | -2.43% | $1.73 | 97.8K | Jun 15, 2022 | Direct | F2 |
| transaction | WISH | Class A Common Stock | Sale | -$160K | -95.3K | -97.47% | $1.68 | 2.48K | Jun 16, 2022 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WISH | Restricted Stock Unit | Options Exercise | $0 | -2.46K | -5.89% | $0.00 | 39.3K | Jun 15, 2022 | Class B Common Stock | 2.46K | $0.00 | Direct | F3, F4 |
| transaction | WISH | Class B Common Stock | Options Exercise | $0 | +2.46K | $0.00 | 2.46K | Jun 15, 2022 | Class A Common Stock | 2.46K | Direct | F5, F6 | ||
| transaction | WISH | Restricted Stock Unit | Options Exercise | $0 | -2.46K | -3.57% | $0.00 | 66.4K | Jun 15, 2022 | Class B Common Stock | 2.46K | $0.00 | Direct | F3, F7 |
| transaction | WISH | Class B Common Stock | Options Exercise | $0 | +2.46K | +99.88% | $0.00 | 4.92K | Jun 15, 2022 | Class A Common Stock | 2.46K | Direct | F5, F6 | |
| transaction | WISH | Class B Common Stock | Conversion of derivative security | $0 | -4.92K | -100% | $0.00* | 0 | Jun 15, 2022 | Class A Common Stock | 4.92K | Direct | F1, F5, F6 |
| Id | Content |
|---|---|
| F1 | Represents the conversion of Class B Common Stock, issued upon settlement of vested Restricted Stock Units ("RSUs"), into Class A Common Stock held of record by the Reporting Person. |
| F2 | Represents the number of shares held by the Issuer to satisfy the tax withholding obligation in connection with the settlement of RSUs. |
| F3 | This reported transaction represents the settlement of RSUs vested as of June 15, 2022. |
| F4 | Each RSU represents a contingent right to receive one share of Issuer's Class B Common Stock. Subject to the reporting person's continued service, 25% of the RSUs vested on September 23, 2020, and an additional 1/36th of the RSUs vest monthly thereafter for a period of 3 years. |
| F5 | All shares of Class B Common Stock will automatically convert, on a one-for-one basis, into shares of Class A Common Stock on the earliest of (i) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions, (ii) the 7-year anniversary of the closing date of the issuer's initial public offering, (iii) the date on which the number of outstanding shares of Class B Common Stock represents less than 5% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock, (iv) the date specified by a vote of the holders of a majority of the then outstanding shares of Class B common stock, or (v) a date that is between 90 and 270 days, as determined by the board of directors, after the death or permanent incapacity of the issuer's founder, CEO, and Chairperson. |
| F6 | Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except certain permitted transfers. |
| F7 | Each RSU represents a contingent right to receive one share of Issuer's Class B Common Stock. Subject to the reporting person's continued service, 1/48th of the RSUs vest monthly beginning on October 1, 2020 for a period of 4 years. |