PINTEREST, INC. — Director's Dealing 2020

Jul 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PINTEREST, INC. (PINS)
CIK: 0001506293
Period of Report: 2020-07-02

Reporting Person: Yang Tseli Lily (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-02	Class A Common Stock	C	2531	—	Acquired	80606	Direct
2020-07-02	Class A Common Stock	S	2531	$24.0061	Disposed	78075	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-02	Class B common stock	$	C	2531	Disposed		Class A Common Stock (2531.0)	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 2,531 shares of Class B Common Stock into 2,531 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: These securities consist of 4,483 shares of Class A Common Stock and an additional 76,123 previously reported Class A Restricted Stock Units (Class A RSUs). Each Class A RSU represents the Reporting Person's right to receive one share of Class A Common Stock, subject to vesting.

F4: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

F5: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $24.0000 to $24.0200 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.

F6: These securities consist of 1,952 shares of Class A Common Stock and 76,123 previously reported Class A RSUs.

F7: These securities consist of 37,072 shares of Class B Common Stock and 216,025 previously reported Class B Restricted Stock Units (Class B RSUs). Each Class B RSU represents the Reporting Person's right to receive one share of Class B Common Stock, subject to vesting.