0001506293-20-000088.txt : 20200526
0001506293-20-000088.hdr.sgml : 20200526
20200526202822
ACCESSION NUMBER: 0001506293-20-000088
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200521
FILED AS OF DATE: 20200526
DATE AS OF CHANGE: 20200526
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Flores Christine
CENTRAL INDEX KEY: 0001773865
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38872
FILM NUMBER: 20912474
MAIL ADDRESS:
STREET 1: 505 BRANNAN STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
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_159053928424232.xml
FORM 4
X0306
4
2020-05-21
0
0001506293
PINTEREST, INC.
PINS
0001773865
Flores Christine
C/O PINTEREST, INC.
505 BRANNAN STREET
SAN FRANCISCO
CA
94107
0
1
0
0
General Counsel
Class A Common Stock
2020-05-21
4
C
0
19510
0
A
314382
D
Class A Common Stock
2020-05-21
4
S
0
19510
18.586
D
294872
D
Class B common stock
2020-05-21
4
C
0
19510
0
D
Class A Common Stock
19510.0
762340
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 19,510 shares of Class B Common Stock into 19,510 shares of Class A Common Stock pursuant in connection with sales to be effected to satisfy tax withholding and remittance obligations in connection with the vesting and settlement of previously reported Restricted Stock Units (RSUs).
These securities consist of 19,510 shares of Class A Common Stock and an additional 294,872 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 $18.3500 to $18.9250 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 294,872 previously reported RSAs.
These securities consist of 106,095 shares of Class B Common Stock and 656,245 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.
The Power of Attorney for Ms. Christine Flores is filed as an exhibit to the Form 3 filed by Ms. Flores with the Securities and Exchange Commission on April 17, 2019, which is hereby incorporated by reference.
Monifa Clayton, Attorney-in-Fact
2020-05-26