PINTEREST, INC. — Director's Dealing 2019

Apr 24, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Pinterest, Inc. (PINS)
CIK: 0001506293
Period of Report: 2019-04-23

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)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-23	Class B Common Stock	$	C	31385737	Acquired		Class A Common Stock (31385737)	Direct
2019-04-23	Class B Common Stock	$	C	3040761	Acquired		Class A Common Stock (3040761)	Indirect
2019-04-23	Class B Common Stock	$	C	722778	Acquired		Class A Common Stock (722778)	Indirect
2019-04-23	Class B Common Stock	$	C	9258364	Acquired		Class A Common Stock (9258364)	Indirect
2019-04-23	Series Seed 1 Preferred Stock	$	C	11458959	Disposed		Class B Common Stock (11458959)	Direct
2019-04-23	Series Seed 2 Preferred Stock	$	C	9177750	Disposed		Class B Common Stock (9177750)	Direct
2019-04-23	Series A-2 Preferred Stock	$	C	8747989	Disposed		Class B Common Stock (8747989)	Direct
2019-04-23	Series B Preferred Stock	$	C	2001039	Disposed		Class B Common Stock (2001039)	Direct
2019-04-23	Series C Preferred Stock	$	C	3006164	Disposed		Class B Common Stock (3006164)	Indirect
2019-04-23	Series D Preferred Stock	$	C	23130	Disposed		Class B Common Stock (23130)	Indirect
2019-04-23	Series E Preferred Stock	$	C	11467	Disposed		Class B Common Stock (11467)	Indirect
2019-04-23	Series F Preferred Stock	$	C	490622	Disposed		Class B Common Stock (490622)	Indirect
2019-04-23	Series G Preferred Stock	$	C	232156	Disposed		Class B Common Stock (232156)	Indirect
2019-04-23	Series G Preferred Stock	$	C	9258364	Disposed		Class B Common Stock (9258364)	Indirect

Footnotes

F1: The total represents shares received upon conversion of shares of Series Seed 1 Preferred Stock, Series Seed 2 Preferred Stock, Series A-2 Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and/or Series G Preferred Stock. The reported security is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis at any time at the holder's election without payment of further consideration. The shares have no expiration date.

F2: The reported security converted into the Issuer's Class B Common Stock on a 1-for-1 basis automatically immediately prior to the closing of the Issuer's initial public offering without payment of further consideration. The shares have no expiration date.

F3: 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.

F4: 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.

F5: 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.

F6: 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.