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Filing Details

Accession Number:: 0001506293-21-000041
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-02-19 21:48:55
Reporting Period:: 2021-02-17

Accepted Time:: 2021-02-19 21:48:55
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	Explanation
Class A Common Stock	Disposition	2021-02-17	2,500	$84.18	13,487	No	4	S	Indirect	Levtaq 2020 Insurance Trust
Class A Common Stock	Disposition	2021-02-17	7,400	$85.32	6,087	No	4	S	Indirect	Levtaq 2020 Insurance Trust
Class A Common Stock	Disposition	2021-02-17	6,087	$86.08	0	No	4	S	Indirect	Levtaq 2020 Insurance Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Levtaq 2020 Insurance Trust
No	4	S	Indirect	Levtaq 2020 Insurance Trust
No	4	S	Indirect	Levtaq 2020 Insurance Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	1,509,815	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 $83.8000 to $84.7600 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.
Mr. Levine disclaims beneficial ownership of the shares held by the Levtaq 2020 Insurance Trust (Insurance Trust). This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniaryinterest, if any, in such shares by virtue of certain of his immediate family members' interests in the Insurance Trust.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $84.8400 to $85.7000 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.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $85.7700 to $86.5500 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 1,496,375 shares of Class A common stock, par value $0.00001 (Class A Common Stock) and 13,440 Restricted Stock Unit (RSUs). Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock, subject to vesting.
Includes 163,031 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 November 12, 2020, which distributions were made in accordance with the exemption afforded b Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
The Reporting Person has agreed to assign 9,671 Class A common stock to Deer Management Co. LLC as well as the right to any shares issuable pursuant to the RSUs or any proceeds from the sale thereof.