Filing Details
- Accession Number:
- 0001506293-23-000244
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-12-05 16:17:28
- Reporting Period:
- 2023-12-01
- Accepted Time:
- 2023-12-05 16:17:28
- 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. 651 Brannan Street San Francisco CA 94107 | Yes | No | 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 | 2023-12-01 | 61,231 | $0.00 | 61,231 | No | 4 | C | Indirect | Sharp Family Investments LLC Fund 1 (200903031-T1) |
| Class A Common Stock | Disposition | 2023-12-01 | 61,231 | $35.00 | 0 | No | 4 | S | Indirect | Sharp Family Investments LLC Fund 1 (200903031-T1) |
| Class A Common Stock | Acquisiton | 2023-12-01 | 7,592 | $0.00 | 7,592 | No | 4 | C | Indirect | Sharp Family Investments LLC Fund 2 (200903031-T2) |
| Class A Common Stock | Disposition | 2023-12-01 | 7,592 | $35.00 | 0 | No | 4 | S | Indirect | Sharp Family Investments LLC Fund 2 (200903031-T2) |
| Class A Common Stock | Acquisiton | 2023-12-01 | 2,140 | $0.00 | 2,140 | No | 4 | C | Indirect | Sharp Family Investments LLC Fund 3 (200903031-T3) |
| Class A Common Stock | Disposition | 2023-12-01 | 2,140 | $35.00 | 0 | No | 4 | S | Indirect | Sharp Family Investments LLC Fund 3 (200903031-T3) |
| Class A Common Stock | Acquisiton | 2023-12-01 | 9,886 | $0.00 | 9,886 | No | 4 | C | Indirect | The Sharp Irrevocable Remainder Trust (200903031-IT) |
| Class A Common Stock | Disposition | 2023-12-01 | 9,886 | $35.01 | 0 | No | 4 | S | Indirect | The Sharp Irrevocable Remainder Trust (200903031-IT) |
| Class A Common Stock | Acquisiton | 2023-12-01 | 50,261 | $0.00 | 50,261 | No | 4 | C | Indirect | The Sharp Revocable Trust (200903031-RT) |
| Class A Common Stock | Disposition | 2023-12-01 | 50,261 | $35.00 | 0 | No | 4 | S | Indirect | The Sharp Revocable Trust (200903031-RT) |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | Sharp Family Investments LLC Fund 1 (200903031-T1) |
| No | 4 | S | Indirect | Sharp Family Investments LLC Fund 1 (200903031-T1) |
| No | 4 | C | Indirect | Sharp Family Investments LLC Fund 2 (200903031-T2) |
| No | 4 | S | Indirect | Sharp Family Investments LLC Fund 2 (200903031-T2) |
| No | 4 | C | Indirect | Sharp Family Investments LLC Fund 3 (200903031-T3) |
| No | 4 | S | Indirect | Sharp Family Investments LLC Fund 3 (200903031-T3) |
| No | 4 | C | Indirect | The Sharp Irrevocable Remainder Trust (200903031-IT) |
| No | 4 | S | Indirect | The Sharp Irrevocable Remainder Trust (200903031-IT) |
| No | 4 | C | Indirect | The Sharp Revocable Trust (200903031-RT) |
| No | 4 | S | Indirect | The Sharp Revocable Trust (200903031-RT) |
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 | 2023-12-01 | 61,231 | $0.00 | 61,231 | $0.00 |
| Class A Common Stock | Class B common stock | Disposition | 2023-12-01 | 7,592 | $0.00 | 7,592 | $0.00 |
| Class A Common Stock | Class B common stock | Disposition | 2023-12-01 | 2,140 | $0.00 | 2,140 | $0.00 |
| Class A Common Stock | Class B common stock | Disposition | 2023-12-01 | 9,886 | $0.00 | 9,886 | $0.00 |
| Class A Common Stock | Class B common stock | Disposition | 2023-12-01 | 50,261 | $0.00 | 50,261 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 278,184 | No | 4 | C | Indirect | ||
| 156,267 | No | 4 | C | Indirect | ||
| 44,042 | No | 4 | C | Indirect | ||
| 199,341 | No | 4 | C | Indirect | ||
| 267,127 | No | 4 | C | Indirect |
Footnotes
- Represents the conversion of 61,231 shares of Class B Common Stock into 61,231 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.
- These securities are held by Sharp Family Investments LLC Fund 1, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 1.
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.0000 to $35.0250 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.
- Represents the conversion of 7,592 shares of Class B Common Stock into 7,592 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.
- These securities are held by Sharp Family Investments LLC Fund 2, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 2.
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.0000 to $35.0200 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.
- Represents the conversion of 2,140 shares of Class B Common Stock into 2,140 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.
- These securities are held by Sharp Family Investments LLC Fund 3, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 3.
- Represents the conversion of 9,886 shares of Class B Common Stock into 9.886 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.
- These securities are held by The Sharp Irrevocable Remainder Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Irrevocable Remainder Trust.
- Represents the conversion of 50,261 shares of Class B Common Stock into 50,261 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.
- These securities are held by The Sharp Revocable Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Revocable Trust.
- 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.
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