AI assistant
PINTEREST, INC. — Director's Dealing 2022
Apr 28, 2022
30250_dirs_2022-04-28_f7e8bed9-a6a5-400c-8eb1-50b16fb82d97.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PINTEREST, INC. (PINS)
CIK: 0001506293
Period of Report: 2022-04-26
Reporting Person: Sharp Evan (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-04-26 | Common Stock | C | 57525 | — | Acquired | 57525 | Direct |
| 2022-04-26 | Common Stock | S | 57525 | $19.3292 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-04-26 | Class B common stock | $ | C | 57525 | Disposed | Class A Common Stock (57525.0) | 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 57,525 shares of Class B Common Stock into 57,525 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
F3: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F4: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.0400 to $19.8600 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.
F5: These securities consists 332,156 shares of Class B Common Stock and 933,334 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.