PINTEREST, INC. — Director's Dealing 2021

Aug 14, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PINTEREST, INC. (PINS)
CIK: 0001506293
Period of Report: 2021-08-11

Reporting Person: Sharp Evan (Director, Co-Founder & Chief Design & Cr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-11	Class A Common Stock	C	62648	—	Acquired	62648	Indirect
2021-08-11	Class A Common Stock	S	62648	$56.8484	Disposed	0	Indirect
2021-08-11	Class A Common Stock	C	31869	—	Acquired	31869	Indirect
2021-08-11	Class A Common Stock	S	31869	$56.916	Disposed	0	Indirect
2021-08-11	Class A Common Stock	C	8984	—	Acquired	8984	Indirect
2021-08-11	Class A Common Stock	S	8984	$57.10	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-11	Stock Option	$0.5736	M	62648	Disposed	2022-06-20	Class B common stock (62648.0)	Indirect
2021-08-11	Class B common stock	$	M	62648	Acquired		- (62648.0)	Indirect
2021-08-11	Class B common stock	$	C	62648	Disposed		Class A Common Stock (62648.0)	Indirect
2021-08-11	Stock Option	$0.5736	M	31869	Disposed	2022-06-20	Class B common stock (31869.0)	Indirect
2021-08-11	Class B common stock	$	M	31869	Acquired		Class A Common Stock (31869.0)	Indirect
2021-08-11	Class B common stock	$	C	31869	Disposed		Class A Common Stock (31869.0)	Indirect
2021-08-11	Stock Option	$0.5736	M	8984	Disposed	2022-06-20	Class B common stock (8984.0)	Indirect
2021-08-11	Class B common stock	$	M	8984	Acquired		Class A Common Stock (8984.0)	Indirect
2021-08-11	Class B common stock	$	C	8984	Disposed		Class A Common Stock (8984.0)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B common stock	$		Class A Common Stock (1615490.0)	1615490	Direct

Footnotes

F1: Represents the conversion of 62,648 shares of Class B Common Stock into 62,648 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.

F2: These securities are held by Sharp Family Investments LLC Fund 1, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 1.

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 $56.7000 to $57.3000 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: Represents the conversion of 31,869 shares of Class B Common Stock into 31,869 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.

F6: These securities are held by Sharp Family Investments LLC Fund 2, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 2.

F7: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $56.7000 to $57.2600 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.

F8: Represents the conversion of 8,984 shares of Class B Common Stock into 8,984 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.

F9: These securities are held by Sharp Family Investments LLC Fund 3, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 3.

F10: All stock options are fully vested and exercisable.

F11: 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.

F12: These securities consists 331,156 shares of Class B Common Stock and 1,283,334 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.