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PINTEREST, INC. — Director's Dealing 2020
Nov 4, 2020
30250_dirs_2020-11-03_8d0b4e94-a21b-4868-8958-39c84cbe8d82.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: 2020-09-22
Reporting Person: JORDAN JEFFREY D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-22 | Class A Common Stock | J | 29670 | — | Acquired | 29670 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 391277 | Indirect |
| Class A Common Stock | 23111 | Direct |
Footnotes
F1: On September 22, 2020, A Capital Partners, L.P., for itself and on behalf of A Capital Parallel Fund A, L.P. and A Capital Parallel Fund B, L.P., distributed, for no consideration, a total of 29,670 shares of the Company's Class A Common Stock in a pro rata distribution in kind to 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").
F2: Mr. Jordan is a member of the general partner of the AH Fund III Entities, but he disclaims beneficial ownership of the shares held by the AH Fund II 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 AH Fund III Entities, and/or the general partner entity thereof, as applicable.
F3: These shares are held of record by AH Fund III Entities.
F4: These securities consist of 9,671 shares of Class A Common Stock and 13,440 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock, subject to vesting.