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