Filing Details
- Accession Number:
- 0001506293-21-000149
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-06-23 18:00:26
- Reporting Period:
- 2021-06-21
- Accepted Time:
- 2021-06-23 18:00:26
- 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 |
|---|---|---|---|---|---|---|---|
| 1654271 | Lily Tseli Yang | C/O Pinterest, Inc. 505 Brannan Street San Francisco CA 94107 | Chief Accounting Officer | No | 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 | 2021-06-21 | 9,253 | $0.00 | 73,357 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2021-06-21 | 5,579 | $70.48 | 67,778 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-06-21 | 6,349 | $71.13 | 61,429 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B common stock | Disposition | 2021-06-21 | 9,253 | $0.00 | 9,253 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 140,216 | 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 9,253 shares of Class B Common Stock into 9,253 shares of Class A Common Stock in connection with sales to be effected to satisfy tax withholding and remittance obligations in connection with the vesting and settlement of previously reported Restricted Stock Units (RSUs), as described below.
- These securities consist of 14,099 shares of Class A Common Stock and an additional 59,258 previously reported Class A Restricted Stock Units (Class A RSUs). Each Class A RSU represents the Reporting Person's right to receive one share of Class A Common Stock, subject to vesting.
- Represents the number of shares required to be sold by the Reporting Person to cover tax withholding and remittance obligations in connection with the vesting and settlement of previously reported RSUs. This sale is mandated by the Company's election under its equity incentive plans to require the satisfaction of tax withholding and remittance obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- These securities consists of 8,520 shares of Class A Common Stock and 59,258 previously reported Class A RSUs.
- These securities consists of 2,171 shares of Class A Common Stock and 59,258 previously reported Class A RSUs.
- These securities consists of 7,516 shares of Class B Common Stock and 132,700 previously report Class B Restricted Stock Units (Class B RSUs). Each Class B RSU represents the Reporting Person's right to receive one share of Class B Common Stock, subject to vesting.
Billionaire Hedge Funds
