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Filing Details

Accession Number:: 0001506293-23-000228
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-11-17 16:04:07
Reporting Period:: 2023-11-15

Accepted Time:: 2023-11-17 16:04:07
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
1773871	Evan Sharp	C/O Pinterest, Inc. 651 Brannan Street San Francisco CA 94107		Yes	No	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	Acquisiton	2023-11-15	45,548	$0.00	45,548	No	4	C	Indirect	Sharp Family Investments LLC Fund 2 (200903031-T2)
Class A Common Stock	Disposition	2023-11-15	45,548	$31.88	0	No	4	S	Indirect	Sharp Family Investments LLC Fund 2 (200903031-T2)
Class A Common Stock	Acquisiton	2023-11-15	12,837	$0.00	12,837	No	4	C	Indirect	Sharp Family Investments LLC Fund 3 (200903031-T3)
Class A Common Stock	Disposition	2023-11-15	12,837	$31.88	0	No	4	S	Indirect	Sharp Family Investments LLC Fund 3 (200903031-T3)
Class A Common Stock	Acquisiton	2023-11-15	59,316	$0.00	59,316	No	4	C	Indirect	The Sharp Irrevocable Remainder Trust (200903031-IT)
Class A Common Stock	Disposition	2023-11-15	59,316	$31.88	0	No	4	S	Indirect	The Sharp Irrevocable Remainder Trust (200903031-IT)
Class A Common Stock	Acquisiton	2023-11-15	25,131	$0.00	25,131	No	4	C	Indirect	The Sharp Revocable Trust (200903031-RT)
Class A Common Stock	Disposition	2023-11-15	25,131	$31.88	0	No	4	S	Indirect	The Sharp Revocable Trust (200903031-RT)
Class A Common Stock	Acquisiton	2023-11-15	402,750	$0.00	402,750	No	4	C	Direct
Class A Common Stock	Disposition	2023-11-15	402,750	$31.88	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	Sharp Family Investments LLC Fund 2 (200903031-T2)
No	4	S	Indirect	Sharp Family Investments LLC Fund 2 (200903031-T2)
No	4	C	Indirect	Sharp Family Investments LLC Fund 3 (200903031-T3)
No	4	S	Indirect	Sharp Family Investments LLC Fund 3 (200903031-T3)
No	4	C	Indirect	The Sharp Irrevocable Remainder Trust (200903031-IT)
No	4	S	Indirect	The Sharp Irrevocable Remainder Trust (200903031-IT)
No	4	C	Indirect	The Sharp Revocable Trust (200903031-RT)
No	4	S	Indirect	The Sharp Revocable Trust (200903031-RT)
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B common stock	Disposition	2023-11-15	45,548	$0.00	45,548	$0.00
Class A Common Stock	Class B common stock	Disposition	2023-11-15	12,837	$0.00	12,837	$0.00
Class A Common Stock	Class B common stock	Disposition	2023-11-15	59,316	$0.00	59,316	$0.00
Class A Common Stock	Class B common stock	Disposition	2023-11-15	25,131	$0.00	25,131	$0.00
Class A Common Stock	Class B common stock	Disposition	2023-11-15	402,750	$0.00	402,750	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
163,859	No	4	C	Indirect
46,182	No	4	C	Indirect
209,227	No	4	C	Indirect
317,388	No	4	C	Indirect
565,490	No	4	C	Direct

Footnotes

Represents the conversion of 45,548 shares of Class B Common Stock into 45,548 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
These securities are held by Sharp Family Investments LLC Fund 2, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 2.
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 $31.7050 to $32.2900 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.
Represents the conversion of 12,837 shares of Class B Common Stock into 12,837 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
These securities are held by Sharp Family Investments LLC Fund 3, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 3.
Represents the conversion of 59,316 shares of Class B Common Stock into 59,316 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
These securities are held by The Sharp Irrevocable Remainder Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Irrevocable Remainder Trust.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $31.7100 to $32.2900 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.
Represents the conversion of 25,131 shares of Class B Common Stock into 25,131 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
These securities are held by The Sharp Revocable Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Revocable Trust.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $31.7050 to $32.2100 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.
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.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $31.7000 to $32.2900 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 332,156 shares of Class B Common Stock and 233,334 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Class B common stock, subject to vesting.