PINTEREST, INC. — Director's Dealing 2019

Oct 17, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Pinterest, Inc. (PINS)
CIK: 0001506293
Period of Report: 2019-10-14

Reporting Person: FIRSTMARK CAPITAL I, L.P. (10% Owner)
Reporting Person: FirstMark Capital I(P), L.P. (10% Owner)
Reporting Person: FirstMark Capital OF I, L.P. (10% Owner)
Reporting Person: FirstMark Capital P2, L.P. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-14	Class A Common Stock	C	15692869	$0.00	Acquired	15692869	Direct
2019-10-14	Class A Common Stock	C	1520381	$0.00	Acquired	1520381	Indirect
2019-10-14	Class A Common Stock	C	361389	$0.00	Acquired	361389	Indirect
2019-10-14	Class A Common Stock	C	4629182	$0.00	Acquired	4629182	Indirect
2019-10-14	Class A Common Stock	J	6277147	$0.00	Disposed	9415722	Direct
2019-10-14	Class A Common Stock	J	588505	$0.00	Disposed	931876	Indirect
2019-10-14	Class A Common Stock	J	144556	$0.00	Disposed	216833	Indirect
2019-10-14	Class A Common Stock	J	1851673	$0.00	Disposed	2777509	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-14	Class B Common Stock	$	C	15692869	Disposed		Class A Common Stock (15692869)	Direct
2019-10-14	Class B Common Stock	$	C	1520381	Disposed		Class A Common Stock (1520381)	Indirect
2019-10-14	Class B Common Stock	$	C	361389	Disposed		Class A Common Stock (361389)	Indirect
2019-10-14	Class B Common Stock	$	C	4629182	Disposed		Class A Common Stock (4629182)	Indirect

Footnotes

F1: The total represents shares received upon conversion of shares of Class B Common Stock. The shares have no expiration date.

F2: The reported security converted into the Issuer's Class A Common Stock on a 1-for-1 basis at the holder's election without payment of further consideration. The shares have no expiration date.

F3: Represents a pro-rata in-kind distribution, and not a purchase or sale, without additional consideration to its partners.

F4: FirstMark Capital I GP, LLC is the general partner of FirstMark Capital I, L.P., and has the sole voting and investment power. Richard Heitzmann and Amish Jani are the managers of FirstMark Capital I GP, LLC and share such powers. Richard Heitzmann and Amish Jani disclaim beneficial ownership except to the extent of their pecuniary interest therein.

F5: FirstMark Capital I(P) GP, LLC is the general partner of FirstMark Capital I(P), L.P., and has the sole voting and investment power. Richard Heitzmann and Amish Jani are the managers of FirstMark Capital I(P) GP, LLC and share such powers. Richard Heitzmann and Amish Jani disclaim beneficial ownership except to the extent of their pecuniary interest therein.

F6: FirstMark Capital OF I GP, LLC is the general partner of FirstMark Capital OF I, L.P., and has the sole voting and investment power. Richard Heitzmann and Amish Jani are the managers of FirstMark Capital OF I GP, LLC and share such powers. Richard Heitzmann and Amish Jani disclaim beneficial ownership except to the extent of their pecuniary interest therein.

F7: FirstMark Capital P2 GP, LLC is the general partner of FirstMark Capital P2, L.P., and has the sole voting and investment power. Richard Heitzmann and Amish Jani are the managers of FirstMark Capital P2 GP, LLC and share such powers. Richard Heitzmann and Amish Jani disclaim beneficial ownership except to the extent of their pecuniary interest therein.