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PINTEREST, INC. — Director's Dealing 2021
Jul 1, 2021
30250_dirs_2021-06-30_b54e6527-6592-47da-94c3-6286ccd71d46.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: 2021-06-28
Reporting Person: Yang Tseli Lily (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-28 | Class A Common Stock | C | 9687 | — | Acquired | 71116 | Direct |
| 2021-06-28 | Class A Common Stock | S | 9687 | $77.50 | Disposed | 61429 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-06-28 | Class B common stock | $ | C | 9687 | Disposed | Class A Common Stock (9687.0) | 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 9,687 shares of Class B Common Stock into 9,687 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with the sales to be effected pursuant to a Rule 10b5-1 trading plan.
F3: These securities consist of 9,687 shares of Class A Common Stock and an additional 61,429 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: These securities consists of 61,429 previously reported Class A RSUs.
F6: These securities consists of 7,516 shares of Class B Common Stock and 123,013 previously report 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.