Form 4 for PINS PINTEREST, INC.
Accepted 2022-03-23 00:00:00 ET · period of report 2022-03-21 · accession 0001506293-22-000028 · 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 | 2022-03-23 | 2022-03-21 | PINS | Morgenfeld Todd R | CFO | S - Sale | $25.47 | -63.6K | 641.0K | -9% | -$1.62M |
| D | 2022-03-23 | 2022-03-21 | PINS | Morgenfeld Todd R | CFO | C - Cnv Deriv | $0.00 | +63.6K | 704.7K | +10% | $0 |
| D | 2022-03-23 | 2022-03-21 | PINS | Morgenfeld Todd R | CFO | C - Cnv Deriv | $0.00 | -63.6K | 403.0K | -14% | $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 | 2022-03-21 | S | D | 62,750 | $25.46 | 641,925 | 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 $24.9950 to $25.9900 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. (F6) The securities consists of 900 shares of Class A Common Stock and 641,025 previously reported shares of RSAs. |
| 2 | Common | Class A Common Stock | 2022-03-21 | C | A | 63,650 | $0.00 | 704,675 | 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 consists of 63,650 shares of Class A Common Stock and an additional 641,025 previously reported Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs). |
| 3 | Common | Class A Common Stock | 2022-03-21 | S | D | 900 | $26.02 | 641,025 | 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 $26.0000 to $26.0300 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) The securities consists of 641,025 previously reported shares of RSAs. |
| 4 | Derivative | Class B common stock | 2022-03-21 | C | D | 63,650 | $0.00 | 403,014 | D | — · — to — | 63,650 Class A Common Stock | (F9) These securities consists of 53,016 shares of Class B Common Stock and 349,998 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. |