0001506293-21-000147.txt : 20210623
0001506293-21-000147.hdr.sgml : 20210623
20210623175806
ACCESSION NUMBER: 0001506293-21-000147
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210621
FILED AS OF DATE: 20210623
DATE AS OF CHANGE: 20210623
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Morgenfeld Todd R
CENTRAL INDEX KEY: 0001591358
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38872
FILM NUMBER: 211039676
MAIL ADDRESS:
STREET 1: C/O HEWLETT-PACKARD COMPANY
STREET 2: 3000 HANOVER STREET
CITY: PALO ALTO
STATE: CA
ZIP: 94304
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PINTEREST, INC.
CENTRAL INDEX KEY: 0001506293
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
IRS NUMBER: 263607129
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 505 BRANNAN STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
BUSINESS PHONE: (415) 617-5585
MAIL ADDRESS:
STREET 1: 505 BRANNAN STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
FORMER COMPANY:
FORMER CONFORMED NAME: Pinterest, Inc.
DATE OF NAME CHANGE: 20120808
FORMER COMPANY:
FORMER CONFORMED NAME: Cold Brew Labs Inc.
DATE OF NAME CHANGE: 20101122
4
1
wf-form4_162448547295119.xml
FORM 4
X0306
4
2021-06-21
0
0001506293
PINTEREST, INC.
PINS
0001591358
Morgenfeld Todd R
C/O PINTEREST, INC.
505 BRANNAN STREET
SAN FRANCISCO
CA
94107
0
1
0
0
Chief Financial Officer
Class A Common Stock
2021-06-21
4
C
0
64339
0
A
717378
D
Class A Common Stock
2021-06-21
4
S
0
33318
70.5191
D
684060
D
Class A Common Stock
2021-06-21
4
S
0
31021
71.1646
D
653039
D
Class B common stock
2021-06-21
4
C
0
64339
0
D
Class A Common Stock
64339.0
752323
D
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 64,339 shares of Class B Common Stock into 64,339 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.
The securities consist of 76,353 shares of Class A Common Stock and an additional 641,025 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs).
Represents the number of shares required to be sold by the Reporting Person to cover tax withholding and remittance obligations in connection with the vesting and settlement of previously reported RSUs. This sale is mandated by the Company's election under its equity incentive plans to require the satisfaction of tax withholding and remittance obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $70.0500 to $70.8300 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 securities consist of 43,035 shares of Class A Common Stock and an additional 641,025 previously reported shares of RSAs.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $70.8400 to $71.8300 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 securities consist of 12,014 shares of Class A Common Stock and an additional 641,025 previously reported shares of RSAs.
These securities consist of 52,327 shares of Class B Common Stock and an additional 699,996 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock, subject to vesting.
The Power of Attorney for Mr. Todd Morgenfeld is filed as an exhibit to the Form 3 filed by Mr. Morgenfeld with the Securities and Exchange Commission on April 17, 2019, which is hereby incorporated by reference.
Monifa Clayton, Attorney-in-Fact
2021-06-23