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Filing Details

Accession Number:
0001506293-20-000154
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-07-31 21:14:55
Reporting Period:
2020-07-29
Accepted Time:
2020-07-31 21:14:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1506293 Pinterest Inc. PINS Services-Computer Programming, Data Processing, Etc. (7370) 263607129
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1773871 Evan Sharp C/o Pinterest, Inc.
505 Brannan Street
San Francisco CA 94107
Co-Founder & Chief Design & Cr Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2020-07-29 62,500 $0.00 62,500 No 4 C Direct
Class A Common Stock Disposition 2020-07-29 62,500 $24.98 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Stock Option Disposition 2020-07-29 62,500 $0.00 62,500 $0.04
Class A Common Stock Class B common stock Acquisiton 2020-07-29 62,500 $0.00 62,500 $0.00
Class A Common Stock Class B common stock Disposition 2020-07-29 62,500 $0.00 62,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,814,450 2021-07-31 No 4 M Direct
3,506,781 No 4 M Direct
3,444,281 No 4 C Direct
Footnotes
  1. Each share of Class B common stock, par value $0.00001 (Class B Common Stock) is convertible at any time at the option of the holder into one share of the Company's Class A common stock, par value $0.00001 (Class A Common Stock). Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer.
  2. Represents the conversion of 62,500 shares of Class B Common Stock into 62,500 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
  3. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  4. All stock options are fully vested and exercisable.
  5. These securities consist of 1,756,780 shares of Class B Common Stock and 1,750,001 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.
  6. These securities consist of 1,694,280 shares of Class B Common Stock and 1,750,001 previously reported RSUs.