0001506293-20-000089.txt : 20200526
0001506293-20-000089.hdr.sgml : 20200526
20200526202947
ACCESSION NUMBER: 0001506293-20-000089
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: Morgenfeld Todd R
CENTRAL INDEX KEY: 0001591358
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38872
FILM NUMBER: 20912477
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_159053936868462.xml
FORM 4
X0306
4
2020-05-21
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
2020-05-21
4
C
0
36233
0
A
762578
D
Class A Common Stock
2020-05-21
4
S
0
36233
18.5857
D
726345
D
Class B common stock
2020-05-21
4
C
0
36233
0
D
Class A Common Stock
36233.0
1201527
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 36,233 shares of Class B Common Stock into 36,233 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 settlement of previously reported Restricted Stock Units (RSUs).
These securities consist of 57,962 shares of Class A Common Stock and an additional 704,616 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 $18.3400 to $18.9050 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 21,729 shares of Class A Common Stock and 704,616 previously reported RSAs.
These securities consist 45,285 shares of Class B Common Stock and 1,156,242 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
2020-05-26