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
- 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.
- 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.
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- All stock options are fully vested and exercisable.
- 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.
- These securities consist of 1,694,280 shares of Class B Common Stock and 1,750,001 previously reported RSUs.
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