Filing Details

Accession Number:
0001506293-22-000116
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-10-14 17:59:38
Reporting Period:
2022-10-12
Accepted Time:
2022-10-14 17:59:38
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
1849734 Naveen Gavini C/O Pinterest, Inc.
505 Brannan Street
San Francisco CA 94107
Svp, Products 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 Disposition 2022-10-12 2,800 $22.68 471,691 No 4 S Direct
Class A Common Stock Disposition 2022-10-12 1,956 $23.14 469,735 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2022-10-12 0 $0.00 0 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,500 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, automatically convert into one share of Class A Common Stock upon any transfer.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $22.1850 to $22.9900 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.
  4. These securities consist of 139,349 shares of Class A Common Stock and 332,342 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs.
  5. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $23.0000 to $23.2650 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 137,393 shares of Class A Common Stock and 332,342 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs.
  7. These securities consist of 12,500 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock, which will be automatically converted into shares of Class A Common Stock upon vesting, pursuant to an irrevocable consent signed by the Reporting Person on September 29, 2019 to automatically convert all shares of Class B Common Stock into shares of Class A Common Stock.