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PINTEREST, INC. — Director's Dealing 2022
May 17, 2022
30250_dirs_2022-05-16_74ab427f-d1e3-4bc8-9dc7-00f62c24ec7b.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: 2022-05-12
Reporting Person: Gavini Naveen (SVP, Products)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-12 | Class A Common Stock | S | 5391 | $20 | Disposed | 529651 | Direct |
| 2022-05-12 | Class A Common Stock | S | 100 | $20.005 | Disposed | 529551 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B common stock | $ | Class A Common Stock (33332.0) | 33332 | 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: These securities consist of 104,935 shares of Class A Common Stock and 424,716 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs.
F4: These securities consist of 104,835 shares of Class A Common Stock and 424,716 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs.
F5: These securities consist of 33,332 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.