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PINTEREST, INC. Director's Dealing 2023

Jul 31, 2023

30250_dirs_2023-07-31_2c31ac56-21d7-4aa4-85c4-53b6633c6f8d.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: 2023-07-27

Reporting Person: Sharp Evan (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-07-27 Class A Common Stock C 55241 Acquired 55241 Direct
2023-07-27 Class A Common Stock S 55241 $28.1186 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-07-27 Class B common stock $ C 55241 Disposed Class A Common Stock (55241) Direct

Footnotes

F1: Represents the conversion of 55,241 shares of Class B Common Stock into 55,241 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.

F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

F3: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $27.8800 to $28.4700 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.

F4: 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.

F5: These securities consists 679,665 shares of Class B Common Stock and 350,001 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.