AI assistant
PINTEREST, INC. — Director's Dealing 2019
Apr 18, 2019
30250_dirs_2019-04-17_1f0e67bd-adea-4656-9309-1cc384b9e63a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Pinterest, Inc. (PINS)
CIK: 0001506293
Period of Report: 2019-04-17
Reporting Person: KILGORE LESLIE J (Director)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 20513 | Direct |
Footnotes
F1: Prior to the closing of Pinterest, Inc.s (the Company) initial public offering (the IPO), each share of common stock will be automatically reclassified into one share of Class B common stock, par value $0.00001, of the Company (Class B Common Stock). Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of the Companys 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 securities consist of 20,513 Restricted Stock Units (RSUs) that were granted on March 21, 2019. Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting. The grant provides that one-third of the RSUs will vest annually on the first three anniversaries of March 6, 2019, subject to the Reporting Person's continued service through each such date.