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PINTEREST, INC. — Director's Dealing 2023
Jun 22, 2023
30250_dirs_2023-06-22_68686c55-decd-4d77-828b-9c6adc3b60c1.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: 2023-06-01
Reporting Person: Acosta Andrea (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-01 | Class A Common Stock | A | 37778 | — | Acquired | 222763 | Direct |
| 2023-06-20 | Class A Common Stock | F | 1658 | $25.21 | Disposed | 221105 | Direct |
Footnotes
F1: These securities consist of 37,778 Restricted Stock Units (RSUs) that were granted on June 1, 2023, for which 3,148 RSUs will vest on June 20, 2023, September 20, 2023, December 20, 2023, March 20, 2024, June 20, 2024, September 20, 2024, March 20, 2025, June 20, 2025, September 20, 2025, December 20, 2025; and 3,149 will vest on December 20, 2024 and March 20, 2026, subject to the Reporting Person's continued service through each such date. Each RSU represents the Reporting Person's right to receive one share of Class A common stock, par value $0.00001 (Class A Common Stock), subject to vesting. This award was inadvertently not reported earlier this month, due to an administrative error.
F2: Represents shares of Class A Common Stock that have been withheld by the Company to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of RSUs and RSAs.
F3: These securities consist of 34,035 shares of Class A Common Stock and 187,070 Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.