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PINTEREST, INC. — Director's Dealing 2023
Mar 22, 2023
30250_dirs_2023-03-22_dbb16b66-9e48-4813-a7c4-8dca6446e5cd.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: 2023-03-20
Reporting Person: Gavini Naveen (SVP, Products)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-20 | Class A Common Stock | C | 3125 | — | Acquired | 378121 | Direct |
| 2023-03-20 | Class A Common Stock | F | 23473 | $26.75 | Disposed | 354648 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-20 | Class B common stock | $ | C | 3125 | Disposed | Class A Common Stock (3125.0) | 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, automatically convert into one share of Class A Common Stock upon any transfer.
F2: Represents the conversion of 3,125 shares of Class B Common Stock into 3,125 shares of Class A Common Stock in connection with the vesting and settlement of previously reported Restricted Stock Units (RSUs), as described below.
F3: These securities consist of 93,112 shares of Class A Common Stock and 285,009 previously reported RSAs, subject to certain restrictions.
F4: 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.
F5: These securities consist of 123,880 shares of Class A Common Stock and 230,768 previously reported RSAs, subject to certain restrictions.