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PINTEREST, INC. Director's Dealing 2021

Mar 4, 2021

30250_dirs_2021-03-03_622f9c44-4e2e-4b6b-b764-38b3af907cac.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: 2021-03-01

Reporting Person: Yang Tseli Lily (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-03-01 Class A Common Stock C 2440 Acquired 70550 Direct
2021-03-01 Class A Common Stock S 2440 $82.50 Disposed 68110 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-03-01 Class B common stock $ C 2440 Disposed Class A Common Stock (2440.0) 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 2,440 shares of Class B Common Stock into 2,400 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 pan.

F3: These securities consist of 2,440 shares of Class A Common Stock and an additional 68,110 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 68,110 previously reported Class A RSUs.

F6: These securities consists of 171,654 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.