Form 4 for PINS PINTEREST, INC.
Accepted 2021-09-23 00:00:00 ET · period of report 2021-09-21 · accession 0001506293-21-000210 · 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 | 2021-09-23 | 2021-09-21 | PINS | Morgenfeld Todd R | CFO | C - Cnv Deriv | $0.00 | +62.2K | 715.3K | +10% | $0 |
| DM | 2021-09-23 | 2021-09-21 | PINS | Morgenfeld Todd R | CFO | S - Sale | $51.85 | -62.2K | 674.3K | -8% | -$3.23M |
| D | 2021-09-23 | 2021-09-21 | PINS | Morgenfeld Todd R | CFO | C - Cnv Deriv | $0.00 | -62.2K | 637.8K | -9% | $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 | 2021-09-21 | C | A | 62,216 | $0.00 | 715,255 | 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) The securities consist of 74,230 shares of Class A Common Stock and an additional 641,025 previously reported shares of Restricted Stock Awards (RSAs). |
| 2 | Common | Class A Common Stock | 2021-09-21 | S | D | 21,228 | $52.13 | 653,039 | 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 $51.9400 to $52.6500 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. (F8) These securities consist of 12,014 shares of Class A Common Stock and an additional 641,025 previously reported shares of RSAs. |
| 3 | Common | Class A Common Stock | 2021-09-21 | S | D | 40,988 | $51.71 | 674,267 | 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 $51.3650 to $51.9300 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) The securities consist of 33,242 shares of Class A Common Stock and an additional 641,025 previously reported shares of RSAs. |
| 4 | Derivative | Class B common stock | 2021-09-21 | C | D | 62,216 | $0.00 | 637,780 | D | — · — to — | 62,216 Class A Common Stock | (F9) These securities consist of 54,450 shares of Class B common stock and 583,330 previously reported RSUs. Each 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. |