PINTEREST, INC. — Director's Dealing 2021

Mar 10, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PINTEREST, INC. (PINS)
CIK: 0001506293
Period of Report: 2021-02-25

Reporting Person: Gavini Naveen (SVP, Products)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	661412	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B common stock	$		Class A Common Stock (116662.0)		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: These securities consist of 46,241 shares of Class A Common Stock and 615,171 shares of Class A Common Stock subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs). Upon vesting, each share of Class A Common Stock subject to the RSAs will cease to be forfeitable or subject to transfer restrictions.

F3: The Reporting Person was granted RSAs on April 7, 2020, for which: (i) 33,507 RSAs will vest on March 20, 2021; (ii) 39,237 RSAs will vest at the end of each three-month period occurring during the period commencing June 20, 2021 and ending on March 20, 2022; (iii) 46,187 RSAs will vest on each of June 30, 3022 and September 20, 2022; (iv) 47,333 RSAs will vest on December 20, 2022; (v) 54,241 RSAs will vest on March 20, 2023; and (vi) 57,692 RSAs will vest at the end of each three-month period occurring during the period commencing June 20, 2023 and ending on March 20, 2024, subject to the Reporting Person's continued service through each such date.

F4: These securities consist of 116,662 unvested Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock, subject to vesting.

F5: The Reporting Person was granted RSUs on March 28, 2019, for which 3,125 RSUs will vest at the end of each three-month period ending on March 20, 2023, subject to the Reporting Person's continued service through each such date.

F6: The Reporting Person was granted RSUs on February 5, 2019, for which 6,250 RSUs will vest at the end of each three-month period ending on December 20, 2022, subject to the Reporting Person's continued service through each such date.

F7: The Reporting Person was granted RSUs on October 27, 2018 for which 725 RSUs will vest at the end of each three-month period ending on September 20, 2022, subject to the Reporting Person's continued service through each such date.

F8: The Reporting Person was granted RSUs on October 27, 2018 for which 316 RSUs will vest at the end of each three-month period ending on September 20, 2022, subject to the Reporting Person's continued service through each such date.

F9: The Reporting Person was granted RSUs on April 30, 2018 for which 6,250 RSUs will vest at the end of each three-month period ending on March 20, 2023, subject to the Reporting Person's continued service through each such date.