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PINTEREST, INC. — Director's Dealing 2019
Apr 23, 2019
30250_dirs_2019-04-22_1766f813-2ac7-4f9b-a7a1-e89af8f510a0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Pinterest, Inc. (PINS)
CIK: 0001506293
Period of Report: 2019-04-18
Reporting Person: Silbermann Benjamin (Director, Chairman, President, CEO, Co-F, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-04-18 | Common Stock | F | 368304 | $19 | Disposed | 2723363 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 40873288 | Indirect |
| Common Stock | 9960030 | Indirect |
Footnotes
F1: Represents shares of common stock that have been withheld by the Company to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock units previously reported.
F2: These securities consist of 390,029 shares of common stock and 2,333,334 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.
F3: Mr. Silbermann disclaims beneficial ownership of the shares held by the SFTC, LLC, a Delaware limited liability company owned by The Silbermann 2012 Irrevocable Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members interests in The Silbermann 2012 Irrevocable Trust.