Filing Details

Accession Number:
0001506293-21-000105
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-14 21:23:38
Reporting Period:
2021-03-20
Accepted Time:
2021-05-14 21:23:38
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
1849734 Naveen Gavini 505 Brannan St.
San Francisco CA 94107
Svp, Products 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 2021-03-20 10,699 $0.00 657,048 No 4 C Direct
Class A Common Stock Disposition 2021-05-12 3,302 $56.50 653,746 No 4 S Direct
Class A Common Stock Disposition 2021-05-12 3,474 $57.28 650,272 No 4 S Direct
Class A Common Stock Disposition 2021-05-12 1,966 $58.75 648,306 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
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 2021-03-20 10,699 $0.00 10,699 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
99,996 No 4 C Direct
Footnotes
  1. Due to an administrative error, a Form 4 was inadvertently not filed in a timely manner on behalf of the Reporting Person to report the conversion of 10,699 shares of Class B common stock, par value $0.00001 (Class B Common Stock) into 10,699 shares of Class A common stock, par value $0.00001 (Class A Common Stock) on March 20, 2021 at the option of the Reporting Person.
  2. Each share of 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. 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.
  3. These securities consist of 75,384 shares of Class A Common Stock and an additional 581,664 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs).
  4. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  5. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $55.9200 to $56.8600 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.
  6. These securities consist of 72,082 shares of Class A Common Stock and an additional 581,664 RSAs.
  7. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $57.0500 to $57.8100 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.
  8. These securities consist of 68,608 shares of Class A Common Stock and an additional 581,664 RSAs.
  9. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $58.4500 to $59.1100 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.
  10. These securities consist of 66,642 shares of Class A Common Stock and an additional 581,664 RSAs.
  11. These securities consists of 99,996 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock.