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Filing Details

Accession Number:: 0001506293-20-000259
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-11-03 21:51:55
Reporting Period:: 2020-10-30

Accepted Time:: 2020-11-03 21:51:55
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
1534341	S. Jeremy Levine	C/O Pinterest, Inc. 505 Brannan Street San Francisco CA 94107		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2020-10-30	250,000	$0.00	1,770,495	No	4	G	Direct
Class A Common Stock	Disposition	2020-10-30	746,000	$0.00	1,024,495	No	4	G	Direct
Class A Common Stock	Disposition	2020-10-30	3,364	$0.00	1,021,131	No	4	G	Direct
Class A Common Stock	Acquisiton	2020-10-30	746,000	$0.00	746,000	No	4	A	Indirect	Spouse
Class A Common Stock	Disposition	2020-10-30	29,533	$0.00	716,467	No	4	G	Indirect	Spouse
Class A Common Stock	Disposition	2020-10-30	186,915	$0.00	529,552	No	4	G	Indirect	Spouse
Class A Common Stock	Disposition	2020-10-30	76,898	$58.80	452,654	No	4	S	Indirect	Spouse
Class A Common Stock	Disposition	2020-10-30	37,136	$59.62	415,518	No	4	S	Indirect	Spouse
Class A Common Stock	Disposition	2020-10-30	18,354	$60.49	397,164	No	4	S	Indirect	Spouse
Class A Common Stock	Disposition	2020-11-02	17,586	$56.99	379,578	No	4	S	Indirect	Spouse
Class A Common Stock	Disposition	2020-11-02	56,443	$57.93	323,135	No	4	S	Indirect	Spouse
Class A Common Stock	Disposition	2020-11-02	55,813	$58.78	267,322	No	4	S	Indirect	Spouse
Class A Common Stock	Disposition	2020-11-02	2,546	$59.51	264,776	No	4	S	Indirect	Spouse
Class A Common Stock	Acquisiton	2020-10-30	3,364	$0.00	3,364	No	4	A	Indirect	Levtaq 2020 Trust
Class A Common Stock	Acquisiton	2020-10-30	29,533	$0.00	32,897	No	4	A	Indirect	Levtaq 2020 Trust
Class A Common Stock	Disposition	2020-10-30	4,777	$58.80	28,120	No	4	S	Indirect	Levtaq 2020 Trust
Class A Common Stock	Disposition	2020-10-30	2,307	$59.62	25,813	No	4	S	Indirect	Levtaq 2020 Trust
Class A Common Stock	Disposition	2020-10-30	1,140	$60.49	24,673	No	4	S	Indirect	Levtaq 2020 Trust
Class A Common Stock	Disposition	2020-11-02	3,273	$56.99	21,400	No	4	S	Indirect	Levtaq 2020 Trust
Class A Common Stock	Disposition	2020-11-02	10,504	$57.93	10,896	No	4	S	Indirect	Levtaq 2020 Trust
Class A Common Stock	Disposition	2020-11-02	10,387	$58.78	509	No	4	S	Indirect	Levtaq 2020 Trust
Class A Common Stock	Disposition	2020-11-02	473	$59.51	36	No	4	S	Indirect	Levtaq 2020 Trust
Class A Common Stock	Acquisiton	2020-10-30	186,915	$0.00	186,915	No	4	A	Indirect	Levtaq 2020 Insurance Trust
Class A Common Stock	Disposition	2020-10-30	27,142	$58.80	159,773	No	4	S	Indirect	Levtaq 2020 Insurance Trust
Class A Common Stock	Disposition	2020-10-30	13,107	$59.62	146,666	No	4	S	Indirect	Levtaq 2020 Insurance Trust
Class A Common Stock	Disposition	2020-10-30	6,479	$60.49	140,187	No	4	S	Indirect	Levtaq 2020 Insurance Trust
Class A Common Stock	Disposition	2020-11-02	16,073	$56.99	124,114	No	4	S	Indirect	Levtaq 2020 Insurance Trust
Class A Common Stock	Disposition	2020-11-02	51,588	$57.93	72,526	No	4	S	Indirect	Levtaq 2020 Insurance Trust
Class A Common Stock	Disposition	2020-11-02	51,012	$58.78	21,514	No	4	S	Indirect	Levtaq 2020 Insurance Trust
Class A Common Stock	Disposition	2020-11-02	2,327	$59.51	19,187	No	4	S	Indirect	Levtaq 2020 Insurance Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	G	Direct
No	4	G	Direct
No	4	G	Direct
No	4	A	Indirect	Spouse
No	4	G	Indirect	Spouse
No	4	G	Indirect	Spouse
No	4	S	Indirect	Spouse
No	4	S	Indirect	Spouse
No	4	S	Indirect	Spouse
No	4	S	Indirect	Spouse
No	4	S	Indirect	Spouse
No	4	S	Indirect	Spouse
No	4	S	Indirect	Spouse
No	4	A	Indirect	Levtaq 2020 Trust
No	4	A	Indirect	Levtaq 2020 Trust
No	4	S	Indirect	Levtaq 2020 Trust
No	4	S	Indirect	Levtaq 2020 Trust
No	4	S	Indirect	Levtaq 2020 Trust
No	4	S	Indirect	Levtaq 2020 Trust
No	4	S	Indirect	Levtaq 2020 Trust
No	4	S	Indirect	Levtaq 2020 Trust
No	4	S	Indirect	Levtaq 2020 Trust
No	4	A	Indirect	Levtaq 2020 Insurance Trust
No	4	S	Indirect	Levtaq 2020 Insurance Trust
No	4	S	Indirect	Levtaq 2020 Insurance Trust
No	4	S	Indirect	Levtaq 2020 Insurance Trust
No	4	S	Indirect	Levtaq 2020 Insurance Trust
No	4	S	Indirect	Levtaq 2020 Insurance Trust
No	4	S	Indirect	Levtaq 2020 Insurance Trust
No	4	S	Indirect	Levtaq 2020 Insurance Trust

Footnotes

Represents a charitable donation by the Reporting Person of shares of Class A common stock, par value $0.00001 (Class A Common Stock).
These securities consist of 1,757,055 shares of Class A Common Stock and 13,440 Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock, subject to vesting.
The Reporting Person has agreed to assign to Deer Management Co. LLC the right to any shares issuable pursuant to the RSUs or any proceeds from the sale thereof.
Represents a bona fide gift by the Reporting Person to his spouse of shares of Class A Common Stock.
These securities consist of 1,011,055 shares of Class A Common Stock and 13,440 RSUs.
Represents a bona fide gift by the Reporting Person to the Levtaq 2020 Trust (Trust) of shares of Class A Common Stock.
These securities consist of 1,007,691 shares of Class A Common Stock and 13,440 RSUs.
Represents a bona fide gift by the Reporting Person's Spouse to the Trust of shares of Class A Common Stock.
Represents a bona fide gift by the Reporting Person's Spouse to the Levtaq 2020 Insurance Trust (Insurance Trust) of shares of Class A Common Stock.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $58.12 to $59.12 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $59.13 to $60.13 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $60.14 to $61.02 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $56.38 to $57.38 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $57.39 to $58.39 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $58.40 to $59.40 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $59.41 to $59.77 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Mr. Levine disclaims beneficial ownership of the shares held by the Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in the Trust.
Mr. Levine disclaims beneficial ownership of the shares held by the Insurance Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in the Trust.