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Filing Details

Accession Number:: 0001506293-20-000158
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-08-06 19:30:49
Reporting Period:: 2020-08-04

Accepted Time:: 2020-08-06 19:30:49
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1506293	Pinterest Inc.	PINS	Services-Computer Programming, Data Processing, Etc. (7370)	263607129

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1534341	S. Jeremy Levine	C/O Pinterest, Inc. 505 Brannan Street San Francisco CA 94107		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Disposition	2020-08-04	240,207	$34.41	2,155,288	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-04	109,793	$34.94	2,045,495	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-05	13,567	$35.60	2,031,928	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-05	11,433	$35.96	2,020,495	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $33.83 to $34.82 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.
These securities consist of 2,141,848 Class A common stock, par value $0.00001 (Class A Common Stock) and 13,440 Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock, subject to vesting.
Includes 311,107 shares of Class A Common Stock received by the Reporting Person in one or more pro rata distributions-in-kind from Bessemer Venture Partners VII L.P. ("BVP VII"), Bessemer Venture Partners VII Institutional L.P. ("BVP VII Inst") BVP Special Opportunity Fund VII L.P. ("BVP VII SOF"), Deer VII & Co. Ltd. ("Deer VII Ltd."), and Deer VII L.P. ("Deer VII LP" and together with BVP VII, BVP VII Inst, BVP VII SOF, and Deer VII Ltd.", the "BVP VII Funds"), on June 8, 2020, which distributions were made in accordance with the exemption afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended and 1,067,814 previously reported pro rate distributions-in-kind from the BVP VII Funds.
Includes 618,463 shares of Class A Common Stock received by the Reporting Person in one or more pro rata distributions-in-kind from the BVP VII Funds, on August 4, 2020 which distributions were made in accordance with the exemption afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
The Reporting Person has agreed to assign to Deer Management Co. LLC the right to any shares issuable pursuant to the RSUs or any proceeds from the sale thereof.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.83 to $35.06 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.
These securities consist of 2,032,055 Class A Common Stock and 13,440 RSUs.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.82 to $35.81 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.
These securities consist of 2,018,488 Class A Common Stock and 13,440 RSUs.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.82 to $36.25 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.
These securities consist of 2,007,055 Class A Common Stock and 13,440 RSUs.