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PINTEREST, INC. — Director's Dealing 2021
Nov 19, 2021
30250_dirs_2021-11-19_325d24b2-09c0-4887-9eeb-ebd9ca31b400.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: 2021-03-25
Reporting Person: KILGORE LESLIE J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-25 | Class A Common Stock | C | 13675 | — | Acquired | 40767 | Direct |
| 2021-03-25 | Class A Common Stock | G | 36786 | — | Disposed | 3981 | Direct |
| 2021-11-16 | Class A Common Stock | G | 36786 | — | Acquired | 36786 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-25 | Class B common stock | $ | C | 13675 | Disposed | Class A Common Stock (13675.0) | 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: On March 25, 2021, the Reporting Person elected to make a voluntary conversion of 13,675 shares of the Company's Class B Common Stock into 13,675 shares of the Company's Class A Common Stock. The conversion was inadvertently not reported in March due to an administrative error.
F3: These securities consist of 3,981 Restricted Stock Units (RSUs) and 36,786 shares of Class A Common Stock.
F4: The transaction involved a bona fide gift of securities by the Reporting Person to the JLK Family Legacy Trust, for which the Reporting Person's children are the beneficiaries. The Reporting Person disclaims beneficial ownership of the shares held by the JLK Family Legacy Trust.
F5: These securities consist of 3,981 RSUs.
F6: These securities represent shares of Class B Common Stock that the Reporting Person came to hold when the Reporting Person's previously reported RSUs vested on March 20, 2020 and March 20, 2021.
F7: These securities consist of 6,838 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock, subject to vesting.