PINTEREST, INC. — Director's Dealing 2020

Mar 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PINTEREST, INC. (PINS)
CIK: 0001506293
Period of Report: 2020-03-03

Reporting Person: Flores Christine (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-03	Class A Common Stock	C	6250	—	Acquired	6250	Direct
2020-03-03	Class A Common Stock	S	6250	$19.6044	Disposed	0	Direct
2020-03-04	Class A Common Stock	C	6250	—	Acquired	6250	Direct
2020-03-04	Class A Common Stock	S	6250	$19.5356	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-03	Class B common stock	$	C	6250	Disposed		Class A Common Stock (6250.0)	Direct
2020-03-04	Class B common stock	$	C	6250	Disposed		Class A Common Stock (6250.0)	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 6,250 shares of Class B Common Stock into 6,250 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: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.2800 to $19.9700 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.

F5: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.3000 to $19.8000 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 110,978 shares of common stock and 707,286 previously reported restricted stock units (RSUs). Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.

F7: These securities consist of 104,728 shares of common stock and 707,286 previously reported RSUs.