Filing Details
- Accession Number:
- 0001506293-20-000265
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-11-12 19:54:13
- Reporting Period:
- 2020-11-09
- Accepted Time:
- 2020-11-12 19:54:13
- 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 |
|---|---|---|---|---|---|---|---|
| 1591358 | R Todd Morgenfeld | C/O Pinterest, Inc. 505 Brannan Street San Francisco CA 94107 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2020-11-09 | 13,672 | $0.00 | 699,182 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2020-11-09 | 6,429 | $57.81 | 692,753 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-11-09 | 7,527 | $59.17 | 685,226 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-11-09 | 3,938 | $60.15 | 681,288 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-11-09 | 7,052 | $60.75 | 674,236 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B common stock | Disposition | 2020-11-09 | 13,672 | $0.00 | 13,672 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,030,202 | No | 4 | C | Direct |
Footnotes
- 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.
- Represents the conversion of 13,672 shares of Class B Common Stock into 13,672 shares of Class A Common Stock in connection with sales to be effected to satisfy tax withholding and remittance obligations in connection with the vesting and net settlement of previously reported Restricted Stock Units (RSUs), as described below.
- These securities consist of 36,960 shares of Class A Common Stock and an additional 662,222 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs).
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $57.4600 to $58.1100 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 30,531 shares of Class A Common Stock and 662,222 previously reported RSAs.
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $58.6800 to $59.4300 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 23,004 shares of Class A Common Stock and 662,222 previously reported RSAs.
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $59.7050 to $60.3100 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 19,066 shares of Class A Common Stock and 662,222 previously reported RSAs.
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $60.7200 to $60.9200 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 12,014 shares of Class A Common Stock and 662,222 previously reported RSAs.
- These securities consist of 1,030,202 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock, subject to vesting.
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