Form 4 for PINS PINTEREST, INC.
Accepted 2021-07-14 00:00:00 ET · period of report 2021-07-12 · accession 0001506293-21-000168 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-07-14 | 2021-07-12+ | PINS | Silbermann Benjamin | COB, Pres, CEO, Co-F, Dir, 10% | C - Cnv Deriv | $0.00 | +77.2K | 25.0K | New | $0 |
| DM | 2021-07-14 | 2021-07-12+ | PINS | Silbermann Benjamin | COB, Pres, CEO, Co-F, Dir, 10% | S - Sale | $72.65 | -77.2K | 1,300 | -98% | -$5.61M |
| DM | 2021-07-14 | 2021-07-12+ | PINS | Silbermann Benjamin | COB, Pres, CEO, Co-F, Dir, 10% | M - OptEx | $0.00 | 0 | 4.00M | New | $0 |
| DM | 2021-07-14 | 2021-07-12+ | PINS | Silbermann Benjamin | COB, Pres, CEO, Co-F, Dir, 10% | C - Cnv Deriv | $0.00 | -77.2K | 1.88M | -4% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-07-12 | C | A | 27,167 | $0.00 | 27,167 | D | — | — | (F1) 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. |
| 2 | Common | Class A Common Stock | 2021-07-12 | S | D | 14,996 | $73.47 | 12,171 | D | — | — | (F4) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $73.1400 to $73.9700 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. |
| 3 | Common | Class A Common Stock | 2021-07-12 | S | D | 5,757 | $74.51 | 6,414 | D | — | — | (F5) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $74.0400 to $74.9900 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. |
| 4 | Common | Class A Common Stock | 2021-07-12 | S | D | 4,116 | $75.45 | 2,298 | D | — | — | (F6) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $75.0600 to $75.8900 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. |
| 5 | Common | Class A Common Stock | 2021-07-12 | S | D | 1,164 | $76.57 | 1,134 | D | — | — | (F7) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $76.3000 to $76.9400 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. |
| 6 | Common | Class A Common Stock | 2021-07-12 | S | D | 1,134 | $77.46 | 0 | D | — | — | (F8) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $77.1400 to $77.7000 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. |
| 7 | Common | Class A Common Stock | 2021-07-14 | S | D | 1,300 | $73.10 | 0 | D | — | — | (F15) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $72.8800 to $73.4000 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. |
| 8 | Common | Class A Common Stock | 2021-07-13 | S | D | 11,000 | $72.11 | 14,000 | D | — | — | (F10) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $71.4200 to $ 72.4200 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. |
| 9 | Common | Class A Common Stock | 2021-07-13 | S | D | 14,000 | $72.82 | 0 | D | — | — | (F11) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $72.4300 to $73.4000 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. |
| 10 | Common | Class A Common Stock | 2021-07-14 | C | A | 25,000 | $0.00 | 25,000 | D | — | — | |
| 11 | Common | Class A Common Stock | 2021-07-14 | S | D | 13,990 | $70.17 | 11,010 | D | — | — | (F12) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $69.7400 to $70.7400 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. |
| 12 | Common | Class A Common Stock | 2021-07-14 | S | D | 3,100 | $71.27 | 7,910 | D | — | — | (F13) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $70.7500 to $71.7500 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. |
| 13 | Common | Class A Common Stock | 2021-07-14 | S | D | 6,610 | $72.29 | 1,300 | D | — | — | (F14) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $71.8000 to $72.7900 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. |
| 14 | Common | Class A Common Stock | 2021-07-13 | C | A | 25,000 | $0.00 | 25,000 | D | — | — | |
| 15 | Derivative | Class B common stock | 2021-07-14 | M | A | 25,000 | $0.00 | 1,900,400 | D | — · — to — | 25,000 Class A Common Stock | (F19) These securities consist of 500,399 shares of common stock and 1,400,001 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting. (F1) 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. |
| 16 | Derivative | Stock Option | 2021-07-14 | M | D | 25,000 | $0.00 | 3,971,112 | D | $1.88 · — to 2023-04-24 | 25,000 Class B common stock | (F16) All stock options are fully vested and exercisable. |
| 17 | Derivative | Class B common stock | 2021-07-13 | C | D | 25,000 | $0.00 | 1,875,400 | D | — · — to — | 25,000 Class A Common Stock | (F18) These securities consist of 475,399 shares of Class B Common Stock and 1,400,001 previously reported RSUs. (F1) 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. |
| 18 | Derivative | Class B common stock | 2021-07-13 | M | A | 25,000 | $0.00 | 1,900,400 | D | — · — to — | 25,000 Class A Common Stock | (F19) These securities consist of 500,399 shares of common stock and 1,400,001 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting. (F1) 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. |
| 19 | Derivative | Class B common stock | 2021-07-14 | C | D | 25,000 | $0.00 | 1,875,400 | D | — · — to — | 25,000 Class A Common Stock | (F18) These securities consist of 475,399 shares of Class B Common Stock and 1,400,001 previously reported RSUs. (F1) 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. |
| 20 | Derivative | Class B common stock | 2021-07-12 | C | D | 27,167 | $0.00 | 1,875,400 | D | — · — to — | 27,167 Class A Common Stock | (F18) These securities consist of 475,399 shares of Class B Common Stock and 1,400,001 previously reported RSUs. (F1) 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. |
| 21 | Derivative | Class B common stock | 2021-07-12 | M | A | 27,167 | $0.00 | 1,902,567 | D | — · — to — | 27,167 Class A Common Stock | (F17) These securities consist of 502,566 shares of common stock and 1,400,001 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting. (F1) 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. |
| 22 | Derivative | Stock Option | 2021-07-12 | M | D | 27,167 | $0.00 | 4,021,112 | D | $1.88 · — to 2023-04-24 | 27,167 Class B common stock | (F16) All stock options are fully vested and exercisable. |
| 23 | Derivative | Stock Option | 2021-07-13 | M | D | 25,000 | $0.00 | 3,996,112 | D | $1.88 · — to 2023-04-24 | 25,000 Class B common stock | (F16) All stock options are fully vested and exercisable. |