PINTEREST, INC. — Director's Dealing 2020

Sep 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PINTEREST, INC. (PINS)
CIK: 0001506293
Period of Report: 2020-09-10

Reporting Person: Silbermann Benjamin (Director, Chairman, President, CEO, Co-F, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-10	Class A Common Stock	C	432400	—	Acquired	432400	Indirect
2020-09-10	Class A Common Stock	G	432400	—	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-10	Class B common stock	$	C	432400	Disposed		Class A Common Stock (432400.0)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B common stock	$		Class A Common Stock (2042381.0)	2042381	Direct
Class B common stock	$		Class A Common Stock (9960030.0)	9960030	Indirect

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 432,400 shares of Class B Common Stock into 432,400 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with a charitable donation of shares by the Reporting Person.

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

F4: These securities consist of 292,380 shares of common stock and 1,750,001 previously reported RSUs.

F5: Mr. Silbermann disclaims beneficial ownership of the shares held by SFTC, LLC, a Delaware limited liability company owned by The Silbermann 2012 Irrevocable Trust. 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 certain of his immediate family members' interests in The Silbermann 2012 Irrevocable Trust.