PINTEREST, INC. — Director's Dealing 2022

Sep 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PINTEREST, INC. (PINS)
CIK: 0001506293
Period of Report: 2022-08-31

Reporting Person: Ready William J (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-31	Class A Common Stock	A	934579	—	Acquired	1157130	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$19.96	2032-06-29	Class A Common Stock (8553172.0)	8553172	Direct

Footnotes

F1: These securities consist of 934,579 shares of Class A Common Stock, par value $0.00001 (Class A Common Stock), subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs). Pursuant to his employment agreement, the Reporting Person was granted 934,579 RSAs on August 31, 2022, following his open market purchase of 222,551 shares of Class A Common Stock (the "Investment Shares"). The RSAs vest as follows:(i) 58,411 RSAs will vest on October 20, 2022, January 20, 2023, April 20, 2023, July 20, 2023, October 20, 2023, April 20, 2024, July 20, 2024, October 20, 2024, January 20, 2025, July 20, 2025, October 20, 2025, January 20, 2026, and April 20, 2026; and (ii) 58,412 RSAs will vest on January 20, 2024, April 20, 2025, and July 20, 2026, in each case, subject to Reporting Person's continued service as CEO and holding the Investment Shares through each such date.

F2: These securities consist of 222,551 shares of Class A Common Stock and 934,579 shares of Class A Common Stock RSAs.

F3: The stock option vests on a quarterly basis over a four-year period beginning on July 20, 2022.