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PINTEREST, INC. — Director's Dealing 2022
Dec 31, 2022
30250_dirs_2022-12-30_18165308-2637-415e-a389-2a6834f29755.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: 2022-12-28
Reporting Person: Gavini Naveen (SVP, Products)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-12-28 | Class A Common Stock | S | 4765 | $23.0409 | Disposed | 436716 | Direct |
| 2022-12-29 | Class A Common Stock | S | 4765 | $23.6413 | Disposed | 431951 | Direct |
| 2022-12-30 | Class A Common Stock | S | 4765 | $23.8452 | Disposed | 427186 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B common stock | $ | Class A Common Stock (3125.0) | 3125 | 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, automatically convert into one share of Class A Common Stock upon any transfer.
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 $22.8050 to $23.4750 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 151,707 shares of Class A Common Stock and 285,009 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 $22.9900 to $23.8650 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 146,942 shares of Class A Common Stock and 285,009 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 $23.2900 to $24.2850 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 142,177 shares of Class A Common Stock and 285,009 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs.
F9: These securities consist of 3,125 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock, which will be automatically converted into shares of Class A Common Stock upon vesting, pursuant to an irrevocable consent signed by the Reporting Person on September 29, 2019 to automatically convert all shares of Class B Common Stock into shares of Class A Common Stock.