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Filing Details

Accession Number:: 0001506293-21-000236
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-11-16 16:58:37
Reporting Period:: 2021-11-12

Accepted Time:: 2021-11-16 16:58:37
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2021-11-12	8,347	$45.73	566,166	No	4	S	Direct

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

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B common stock	$0.00			66,664	66,664	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	66,664	66,664	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, automatically convert into one share of Class A Common Stock upon any transfer.
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 $45.2700 to $46.0900 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 62,976 shares of Class A Common Stock and 503,190 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs. Due to an administrative error, the total shares reported in the Reporting Person's October 12, 2021 Form 4 was incorrectly reported as 573,513. The correct number was 574,513, which has been corrected and the number reported here represents the correct number.
These securities consist of 66,664 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock, which will be automatically converted into shares of Class A Common Stock upon vesting, pursuant to an irrevocable consent signed by the Reporting Person on September 29, 2019 to automatically convert all shares of Class B Common Stock into shares of Class A Common Stock.