Form 4 for PINS PINTEREST, INC.
Accepted 2021-08-25 00:00:00 ET · period of report 2021-08-23 · accession 0001506293-21-000196 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-08-25 | 2021-08-23 | PINS | Yang Tseli Lily | CAO | C - Cnv Deriv | $0.00 | +2,823 | 62.1K | +5% | $0 |
| D | 2021-08-25 | 2021-08-23 | PINS | Yang Tseli Lily | CAO | S - Sale | $54.43 | -2,823 | 59.3K | -5% | -$153.7K |
| D | 2021-08-25 | 2021-08-23 | PINS | Yang Tseli Lily | CAO | C - Cnv Deriv | $0.00 | -2,823 | 129.9K | -2% | $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 | 2021-08-23 | C | A | 2,823 | $0.00 | 62,081 | 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. (F3) These securities consist of 2,823 shares of Class A Common Stock and an additional 59,258 previously reported Class A Restricted Stock Units (Class A RSUs). Each Class A RSU represents the Reporting Person's right to receive one share of Class A Common Stock, subject to vesting. |
| 2 | Common | Class A Common Stock | 2021-08-23 | S | D | 2,823 | $54.43 | 59,258 | 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 $53.9701 to $54.9000 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. (F6) These securities consist of 59,258 previously reported Class A RSUs. |
| 3 | Derivative | Class B common stock | 2021-08-23 | C | D | 2,823 | $0.00 | 129,877 | D | — · — to — | 2,823 Class A Common Stock | (F7) These securities represent 2,594 shares of Class B Common Stock and 127,283 previously reported Class B Restricted Stock Units (Class B RSUs). Each Class B RSU represents the Reporting Person's right to receive one share of Class B 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. |