PINTEREST, INC. — Director's Dealing 2022

Dec 22, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PINTEREST, INC. (PINS)
CIK: 0001506293
Period of Report: 2022-12-20

Reporting Person: Gavini Naveen (SVP, Products)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-20	Class A Common Stock	C	9375	—	Acquired	469598	Direct
2022-12-20	Class A Common Stock	F	28117	—	Disposed	441481	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-20	Class B common stock	$	C	9375	Disposed		Class A Common Stock (9375.0)	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, automatically convert into one share of Class A Common Stock upon any transfer.

F2: Represents the conversion of 9,375 shares of Class B Common Stock into 9,375 shares of Class A Common Stock in connection with the vesting and settlement of previously reported Restricted Stock Units (RSUs), as described below.

F3: These securities consist of 184,589 shares of Class A Common Stock and 285,009 previously reported Restricted Stock Awards (RSAs), subject to certain restrictions.

F4: Represents shares of Class A Common Stock that have been withheld by the Company to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of RSUs and RSAs.

F5: These securities consist of 156,472 shares of Class A Common Stock and 285,009 previously reported RSAs, subject to certain restrictions.

F6: 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.