Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 18, 2024, ContextLogic Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, the Company's stockholders voted on four proposals, each of which is described in more detail in the Company's definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on May 9, 2024. The following is a brief description of each matter voted upon and the final voting results for each matter. 
Proposal 1.The two (2) Class II directors proposed by the Company were elected to serve until the Company's 2027 annual meeting of stockholders or until his or her respective successor has been duly elected and qualified. The voting results were as follows:
|
Director Name |
Votes For |
Votes Withheld |
Broker Non-Votes |
|
Marshall Heinberg |
5,180,217 |
1,259,942 |
6,843,532 |
|
Michael Farlekas |
6,294,697 |
145,462 |
6,843,532 |
Proposal 2.Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The voting results were as follows:
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
13,073,677 |
140,454 |
69,560 |
- |
Proposal 3.Stockholders approved, on an advisory basis, the compensation of the Company's named executive officers for the year ended December 31, 2023. The voting results were as follows:
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
4,125,594 |
2,203,427 |
111,138 |
6,843,532 |
Proposal 4. Stockholders approved, on an advisory basis, the adoption of the Tax Benefits Preservation Plan. The voting results were as follows:
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
6,173,621 |
178,050 |
88,488 |
6,843,532 |
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ContextLogic Inc. published this content on 21 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2024 20:13:25 UTC.
