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PINTEREST, INC. — Director's Dealing 2023
Jul 19, 2023
30250_dirs_2023-07-19_6baca673-2918-45c9-8a0a-991c5cd3b740.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: 2023-07-18
Reporting Person: Sharp Evan (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-18 | Class A Common Stock | C | 113138 | — | Acquired | 113138 | Indirect |
| 2023-07-18 | Class A Common Stock | S | 113138 | $30.70 | Disposed | 0 | Indirect |
| 2023-07-18 | Class A Common Stock | C | 20710 | — | Acquired | 20710 | Indirect |
| 2023-07-18 | Class A Common Stock | S | 20710 | $30.70 | Disposed | 0 | Indirect |
| 2023-07-18 | Class A Common Stock | C | 5836 | — | Acquired | 5836 | Indirect |
| 2023-07-18 | Class A Common Stock | S | 5836 | $30.70 | Disposed | 0 | Indirect |
| 2023-07-18 | Class A Common Stock | C | 26555 | — | Acquired | 26555 | Indirect |
| 2023-07-18 | Class A Common Stock | S | 26555 | $30.70 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-07-18 | Class B common stock | $ | C | 113138 | Disposed | Class A Common Stock (113138) | Indirect | |
| 2023-07-18 | Class B common stock | $ | C | 20710 | Disposed | Class A Common Stock (20710) | Indirect | |
| 2023-07-18 | Class B common stock | $ | C | 5836 | Disposed | Class A Common Stock (5836) | Indirect | |
| 2023-07-18 | Class B common stock | $ | C | 26555 | Disposed | Class A Common Stock (26555) | Indirect |
Footnotes
F1: Represents the conversion of 113,138 shares of Class B Common Stock into 113,138 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: These securities are held by Sharp Family Investments LLC Fund 1, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 1.
F3: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F4: Represents the conversion of 20,710 shares of Class B Common Stock into 20,710 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.
F5: These securities are held by Sharp Family Investments LLC Fund 2, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 2.
F6: Represents the conversion of 5,836 shares of Class B Common Stock into 5,836 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.
F7: These securities are held by Sharp Family Investments LLC Fund 3, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 3.
F8: Represents the conversion of 26,555 shares of Class B Common Stock into 26,555 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.
F9: These securities are held by The Sharp Irrevocable Remainder Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Irrevocable Remainder Trust.
F10: 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.