Filing Details

Accession Number:
0001506293-21-000172
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-07-21 21:50:59
Reporting Period:
2021-07-19
Accepted Time:
2021-07-21 21:50:59
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 2021-07-19 69,194 $0.00 69,194 No 4 C Direct
Class A Common Stock Disposition 2021-07-19 39,254 $66.61 29,940 No 4 S Direct
Class A Common Stock Disposition 2021-07-19 29,940 $67.23 0 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 2021-07-19 69,194 $0.00 69,194 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,732,157 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 69,194 shares of Class B Common Stock into 69,194 shares of Class A Common Stock pursuant to a conversion 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. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $66.2500 to $67.0000 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.
  5. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $67.0100 to $67.5200 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.
  6. These securities consist of 332,156 shares of Class B Common Stock and 1,400,001 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.