X0306
4
2020-07-13
0
0001506293
PINTEREST, INC.
PINS
0001773871
Sharp Evan
C/O PINTEREST, INC.
505 BRANNAN STREET
SAN FRANCISCO
CA
94107
1
1
0
0
Co-Founder & Chief Design & Cr
Class A Common Stock
2020-07-13
4
C
0
62500
0
A
62500
D
Class A Common Stock
2020-07-13
4
S
0
62500
26.9339
D
0
D
Stock Option
0.0373
2020-07-13
4
M
0
62500
0
D
2021-07-31
Class B common stock
62500.0
1939450
D
Class B common stock
2020-07-13
4
M
0
62500
0
A
Class A Common Stock
62500.0
3568743
D
Class B common stock
2020-07-13
4
C
0
62500
0
D
Class A Common Stock
62500.0
3506243
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 62,500 shares of Class B Common Stock into 62,500 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.
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 $26.6600 to $27.1900 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.
All stock options are fully vested and exercisable.
These securities consist of 1,702,075 shares of Class B Common Stock and 1,866,668 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.
These securities consist of 1,639,575 shares of Class B Common Stock and 1,866,668 previously reported RSUs
The Power of Attorney for Mr. Evan Sharp is filed as an exhibit to the Form 3 filed by Mr. Sharp with the Securities and Exchange Commission on April 17, 2019, which is hereby incorporated by reference.
Monifa Clayton, Attorney-in-Fact
2020-07-15