0001628280-19-004775.txt : 20190425 0001628280-19-004775.hdr.sgml : 20190425 20190425205335 ACCESSION NUMBER: 0001628280-19-004775 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190423 FILED AS OF DATE: 20190425 DATE AS OF CHANGE: 20190425 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Silbermann Benjamin CENTRAL INDEX KEY: 0001773914 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38872 FILM NUMBER: 19769084 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: 808 BRANNAN STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 BUSINESS PHONE: (415) 617-5585 MAIL ADDRESS: STREET 1: 808 BRANNAN STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 FORMER COMPANY: FORMER CONFORMED NAME: Cold Brew Labs Inc. DATE OF NAME CHANGE: 20101122 4 1 wf-form4_155624000040544.xml FORM 4 X0306 4 2019-04-23 0 0001506293 Pinterest, Inc. PINS 0001773914 Silbermann Benjamin C/O PINTEREST, INC. 505 BRANNAN STREET SAN FRANCISCO CA 94107 1 1 1 0 Chairman, President, CEO, Co-F Common Stock 2019-04-23 4 J 0 2723363 0 D 0 D Common Stock 2019-04-23 4 J 0 40873288 0 D 0 I Benjamin and Divya Silbermann Family Trust Common Stock 2019-04-23 4 J 0 9960030 0 D 0 I SFTC, LLC Class B common stock 2019-04-23 4 J 0 2723363 0 A Class A Common Stock 2723363.0 2723363 D Class B common stock 2019-04-23 4 J 0 40873288 0 A Class A Common Stock 40873288.0 40873288 I Benjamin and Divya Silbermann Family Trust Class B common stock 2019-04-23 4 J 0 9960030 0 A Class A Common Stock 9960030.0 9960030 I SFTC, LLC Stock Option 1.878 2019-04-23 4 J 0 10399835 0 A 2023-04-24 Class B common stock 10399835.0 10399835 D On April 23, 2019, Pinterest, Inc. (the Company) filed an Amended and Restated Certificate of Incorporation (the Charter) with the Delaware Secretary of State, pursuant to which each share of common stock was automatically reclassified (the Recapitalization) as a share of the Companys Class B common stock, par value $0.00001 (Class B Common Stock). Effective upon the occurrence of the Recapitalization, as previously approved by the Companys board of directors, all shares of common stock underlying equity awards outstanding under the Companys 2009 Stock Plan were converted into shares of Class B Common Stock. As set forth in the Charter, each share of Class B Common Stock is convertible at any time at the option of the holder into one share of the Companys Class A common stock, par value $0.00001 (Class A Common Stock). 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. Mr. Silbermann disclaims beneficial ownership of the shares held by the SFTC, LLC, a Delaware limited liability company owned by The Silbermann 2012 Irrevocable Trust. This report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of certain of his immediate family members' interests in The Silbermann 2012 Irrevocable Trust. These securities consist of 390,029 shares of Class B Common Stock and 2,333,334 previously reported Restricted Stock Units (RSUs). Each RSU represents Mr. Silbermann's right to receive one share of Class B Common Stock, subject to vesting. All stock options are fully vested and exercisable. The Power of Attorney for Mr. Benjamin Silbermann is filed as an exhibit to the Form 3/A filed by Mr. Silbermann with the Securities and Exchange Commission on April 18, 2019, which is hereby incorporated by reference. Monifa Clayton, Attorney-in-Fact 2019-04-25