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PINTEREST, INC. Director's Dealing 2021

Jul 15, 2021

30250_dirs_2021-07-14_06937357-ecf1-49a1-a6d7-ed80b9099a33.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: 2021-07-12

Reporting Person: Gavini Naveen (SVP, Products)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-07-12 Class A Common Stock S 10573 $73.5061 Disposed 617355 Direct
2021-07-12 Class A Common Stock S 2684 $74.4706 Disposed 614671 Direct
2021-07-12 Class A Common Stock S 2466 $75.2996 Disposed 612205 Direct
2021-07-12 Class A Common Stock S 568 $76.5018 Disposed 611637 Direct
2021-07-12 Class A Common Stock S 510 $77.346 Disposed 611127 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 627928 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class B common stock $ Class A Common Stock (82593.0) 82593 Direct

Footnotes

F1: These securities consist of 85,501 shares of Class A Common Stock and 542,427 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs).

F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

F3: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $73.1400 to $73.9900 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.

F4: These securities consist of 74,928 shares of Class A Common Stock and 542,427 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs.

F5: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $74.0600 to $74.7500 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 72,244 shares of Class A Common Stock and 542,427 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs.

F7: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $75.0000 to $75.9000 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: These securities consist of 69,778 shares of Class A Common Stock and 542,427 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs.

F9: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $76.4300 to $76.5800 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.

F10: These securities consist of 69,210 shares of Class A Common Stock and 542,427 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs.

F11: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $77.2200 to $77.4900 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.

F12: These securities consist of 68,700 shares of Class A Common Stock and 542,427 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs).

F13: Each share of 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. 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.

F14: These securities consists of 82,593 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock.