PINTEREST, INC. — Director's Dealing 2023

Dec 15, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PINTEREST, INC. (PINS)
CIK: 0001506293
Period of Report: 2023-12-13

Reporting Person: Silbermann Benjamin (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-13	Class A Common Stock	C	337500	—	Acquired	337500	Indirect
2023-12-13	Class A Common Stock	G	337500	—	Disposed	0	Indirect
2023-12-13	Class A Common Stock	G	337500	—	Acquired	337500	Indirect
2023-12-14	Class A Common Stock	G	337500	—	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-13	Class B Common Stock	$	C	337500	Disposed		Class A Common Stock (337500)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (1300366)	1300366	Direct
Class B Common Stock	$		Class A Common Stock (37736888)	37736888	Indirect

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 337,500 shares of Class B Common Stock into 337,500 shares of Class A Common Stock pursuant to a conversion election made by SFTC, LLC to convert shares in connection with the transfer (without consideration) of such shares from SFTC, LLC to The Silbermann 2012 Irrevocable Trust, which shares shall be part of a charitable donation to be made by The Silbermann 2012 Irrevocable Trust.

F3: Mr. Silbermann disclaims beneficial ownership of the shares held by the SFTC, LLC, a Delaware limited liability company owned by The Silbermann 2012 Irrevocable Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in The Silbermann 2012 Irrevocable Trust.

F4: Mr. Silbermann disclaims beneficial ownership of the shares held by The Silbermann 2012 Irrevocable Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in The Silbermann 2012 Irrevocable Trust.

F5: Represents a charitable donation by The Silbermann 2012 Irrevocable Trust of shares of Class A Common Stock.

F6: These securities consist of 1,067,032 shares of Class B Common Stock and 233,334 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock, subject to vesting.