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PINTEREST, INC. — Director's Dealing 2020
Oct 8, 2020
30250_dirs_2020-10-07_f3871ec2-7f12-4a95-af15-8ff5069963d3.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: 2020-10-05
Reporting Person: Sharp Evan (Director, Co-Founder & Chief Design & Cr)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-10-05 | Class A Common Stock | C | 34599 | — | Acquired | 34599 | Direct |
| 2020-10-05 | Class A Common Stock | S | 34599 | $45 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-10-05 | Class B common stock | $ | C | 34599 | Disposed | Class A Common Stock (34599.0) | 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 34,599 shares of Class B Common Stock into 34,599 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: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F4: These securities consist of 1,191,974 shares of Class B Common Stock and 1,750,001 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.