PINTEREST, INC. — Director's Dealing 2019

Apr 18, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Pinterest, Inc. (PINS)
CIK: 0001506293
Period of Report: 2019-04-17

Reporting Person: JORDAN JEFFREY D (Director)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series B Preferred Stock	$		- (2537150.0)		Indirect
Series B Preferred Stock	$		- (30121900.0)		Indirect
Series C Preferred Stock	$		- (218957.0)		Indirect
Series C Preferred Stock	$		- (2189732.0)		Indirect
Series D Preferred Stock	$		- (2727297.0)		Indirect
Series D Preferred Stock	$		- (3417216.0)		Indirect
Series E Preferred Stock	$		- (254551.0)		Indirect
Series E Preferred Stock	$		- (318946.0)		Indirect
Series F Preferred Stock	$		- (21776.0)		Indirect
Series F Preferred Stock	$		- (27285.0)		Indirect
Series G Preferred Stock	$		- (1704021.0)		Indirect

Footnotes

F1: All shares of preferred stock will automatically be converted on a one-for-one basis to shares of common stock of Pinterest, Inc. (the "Company") prior to the closing of the Company's initial public offering ("IPO"). Immediately thereafter but still prior to the closing of the Company's IPO, all shares of common stock will be reclassified into shares of Class B common stock, par value $0.00001 ("Class B Common Stock"), of the Company. Each share of 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, of the Company ("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.

F2: These shares are held of record by AH Parallel Fund, L.P.

F3: Mr. Jordan is a member of the general partners of the Andreessen Horowitz Entities, but he disclaims beneficial ownership of the shares held by the Andreessen Horowitz Entities and 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 his interest in the Andreessen Horowitz Entities, and/or the general partner entities thereof, as applicable.

F4: These shares are held of record by Andreessen Horowitz Fund II, L.P. for itself and as nominee for Andreessen Horowitz Fund II-A, L.P. and Andreessen Horowitz Fund II-B, L.P. (collectively, the "AH Fund II Entities").

F5: These shares are held of record by AH Parallel Fund III, L.P. for itself and as nominee for AH Parallel Fund III-A, L.P., AH Parallel Fund III-B, L.P. and AH Parallel Fund III-Q, L.P. (collectively, the "AH Parallel Fund III Entities").

F6: These shares are held of record by Andreessen Horowitz Fund III, L.P. for itself and as nominee for Andreessen Horowitz Fund III-A, L.P., Andreessen Horowitz Fund III-B, L.P. and Andreessen Horowitz Fund III-Q, L.P. (collectively, the "AH Fund III Entities").

F7: These shares are held of record by PinAH, L.P. (together with AH Parallel Fund, L.P., the AH Fund II Entities, the AH Parallel Fund III Entities and the AH Fund III Entities, the "Andreessen Horowitz Entities").