PINTEREST, INC. — Director's Dealing 2020

Nov 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PINTEREST, INC. (PINS)
CIK: 0001506293
Period of Report: 2020-11-06

Reporting Person: Sharp Evan (Director, Co-Founder & Chief Design & Cr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-06	Class A Common Stock	C	167842	—	Acquired	167842	Direct
2020-11-06	Class A Common Stock	G	167842	—	Disposed	0	Direct
2020-11-09	Class A Common Stock	C	69198	—	Acquired	69198	Direct
2020-11-09	Class A Common Stock	S	17819	$57.8603	Disposed	51379	Direct
2020-11-09	Class A Common Stock	S	15700	$590170	Disposed	35679	Direct
2020-11-09	Class A Common Stock	S	13247	$60.0995	Disposed	22432	Direct
2020-11-09	Class A Common Stock	S	22432	$60.7642	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-06	Class B common stock	$	C	167842	Disposed		Class A Common Stock (167842.0)	Direct
2020-11-09	Class B common stock	$	C	69198	Disposed		Class A Common Stock (69198.0)	Direct

Footnotes

F1: Each share of Class B common stock, par value $0.00001 (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 (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: Represents the conversion of 167,842 shares of Class B Common Stock into 167,842 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.

F3: Represents a charitable donation by the Reporting Person of shares of Class A Common Stock.

F4: Represents the conversion of 69,198 shares of Class B Common Stock into 61,198 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.

F5: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

F6: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $57.4200 to $58.3650 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F7: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $58.4400 to $59.4300 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F8: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $59.5650 to $60.2050 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F9: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $60.6650 to $60.9600 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F10: These securities consist of 954,934 shares of Class B Common Stock and 1,633,334 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.

F11: These securities consist of 885,736 shares of Class B Common Stock and 1,633,334 previously reported RSUs.