Form 4 for PINS PINTEREST, INC.
Accepted 2022-06-22 00:00:00 ET · period of report 2022-06-17 · accession 0001506293-22-000081 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-06-22 | 2022-06-17 | PINS | Sharp Evan | Dir | C - Cnv Deriv | $0.00 | +1.68M | 549.8K | New | $0 |
| DMI | 2022-06-22 | 2022-06-17 | PINS | Sharp Evan | Dir | S - Sale | $17.52 | -1.68M | 0 | -100% | -$29.49M |
| DM | 2022-06-22 | 2022-06-17 | PINS | Sharp Evan | Dir | S - Sale | $17.52 | -422.4K | 236.3K | -64% | -$7.40M |
| D | 2022-06-22 | 2022-06-17 | PINS | Sharp Evan | Dir | C - Cnv Deriv | $0.00 | +422.4K | 422.4K | New | $0 |
| DMI | 2022-06-22 | 2022-06-17 | PINS | Sharp Evan | Dir | C - Cnv Deriv | $0.00 | -1.68M | 295.1K | -85% | $0 |
| DMI | 2022-06-22 | 2022-06-17 | PINS | Sharp Evan | Dir | M - OptEx | $0.00 | 0 | 143.7K | New | $0 |
| D | 2022-06-22 | 2022-06-17 | PINS | Sharp Evan | Dir | C - Cnv Deriv | $0.00 | -422.4K | 347.5K | -55% | $0 |
| DM | 2022-06-22 | 2022-06-17 | PINS | Sharp Evan | Dir | M - OptEx | $0.00 | 0 | 769.9K | New | $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 | 2022-06-17 | C | A | 279,783 | $0.00 | 279,783 | I Sharp Family Investments LLC Fund 2 (200903031-T2) | — | — | (F6) These securities are held by Sharp Family Investments LLC Fund 2, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 2. |
| 2 | Common | Class A Common Stock | 2022-06-17 | S | D | 279,783 | $17.52 | 0 | I Sharp Family Investments LLC Fund 2 (200903031-T2) | — | — | (F7) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.1200 to $18.0800 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 are held by Sharp Family Investments LLC Fund 2, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 2. |
| 3 | Common | Class A Common Stock | 2022-06-17 | C | A | 78,880 | $0.00 | 78,880 | I Sharp Family Investments LLC Fund 3 (200903031-T3) | — | — | (F9) These securities are held by Sharp Family Investments LLC Fund 3, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 3. |
| 4 | Common | Class A Common Stock | 2022-06-17 | S | D | 236,334 | $17.69 | 0 | D | — | — | (F17) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.5550 to $18.1600 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 | 2022-06-17 | C | A | 416,284 | $0.00 | 416,284 | I The Sharp Revocable Trust (200903031-RT) | — | — | (F11) These securities are held by The Sharp Revocable Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Revocable Trust. |
| 6 | Common | Class A Common Stock | 2022-06-17 | S | D | 416,284 | $17.52 | 0 | I The Sharp Revocable Trust (200903031-RT) | — | — | (F7) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.1200 to $18.0800 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. (F11) These securities are held by The Sharp Revocable Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Revocable Trust. |
| 7 | Common | Class A Common Stock | 2022-06-17 | C | A | 358,747 | $0.00 | 358,747 | I The Sharp Irrevocable Remainder Trust (200903031-IT) | — | — | (F13) These securities are held by The Sharp Irrevocable Remainder Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Irrevocable Remainder Trust. |
| 8 | Common | Class A Common Stock | 2022-06-17 | S | D | 358,747 | $17.52 | 0 | I The Sharp Irrevocable Remainder Trust (200903031-IT) | — | — | (F14) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.1200 to $18.0500 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. (F13) These securities are held by The Sharp Irrevocable Remainder Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Irrevocable Remainder Trust. |
| 9 | Common | Class A Common Stock | 2022-06-17 | C | A | 422,399 | $0.00 | 422,399 | D | — | — | |
| 10 | Common | Class A Common Stock | 2022-06-17 | S | D | 186,065 | $17.31 | 236,334 | D | — | — | (F16) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.1200 to $17.5500 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. |
| 11 | Common | Class A Common Stock | 2022-06-17 | S | D | 549,818 | $17.52 | 0 | I Sharp Family Investments LLC Fund 1 (200903031-T1) | — | — | (F4) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.1200 to $18.0600 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. (F2) These securities are held by Sharp Family Investments LLC Fund 1, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 1. |
| 12 | Common | Class A Common Stock | 2022-06-17 | C | A | 549,818 | $0.00 | 549,818 | I Sharp Family Investments LLC Fund 1 (200903031-T1) | — | — | (F2) These securities are held by Sharp Family Investments LLC Fund 1, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 1. |
| 13 | Common | Class A Common Stock | 2022-06-17 | S | D | 78,880 | $17.51 | 0 | I Sharp Family Investments LLC Fund 3 (200903031-T3) | — | — | (F4) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.1200 to $18.0600 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. (F9) These securities are held by Sharp Family Investments LLC Fund 3, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 3. |
| 14 | Derivative | Class B common stock | 2022-06-17 | C | D | 549,818 | $0.00 | 452,553 | I Sharp Family Investments LLC Fund 1 (200903031-T1) | — · — to — | 549,818 Class A Common Stock | (F2) These securities are held by Sharp Family Investments LLC Fund 1, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 1. (F19) 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. |
| 15 | Derivative | Stock Option | 2022-06-17 | M | D | 509,900 | $0.00 | 0 | I Sharp Family Investments LLC Fund 2 (200903031-T2) | $0.57 · — to 2022-06-20 | 509,900 Class B common stock | (F6) These securities are held by Sharp Family Investments LLC Fund 2, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 2. (F18) All stock options are fully vested and exercisable. |
| 16 | Derivative | Class B common stock | 2022-06-17 | M | A | 509,900 | $0.00 | 509,900 | I Sharp Family Investments LLC Fund 2 (200903031-T2) | — · — to — | 509,900 Class A Common Stock | (F6) These securities are held by Sharp Family Investments LLC Fund 2, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 2. (F19) 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. |
| 17 | Derivative | Class B common stock | 2022-06-17 | C | D | 279,783 | $0.00 | 230,117 | I Sharp Family Investments LLC Fund 2 (200903031-T2) | — · — to — | 279,783 Class A Common Stock | (F6) These securities are held by Sharp Family Investments LLC Fund 2, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 2. (F19) 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 | Stock Option | 2022-06-17 | M | D | 143,735 | $0.00 | 0 | I Sharp Family Investments LLC Fund 3 (200903031-T3) | $0.57 · — to 2022-06-20 | 143,735 Class B common stock | (F9) These securities are held by Sharp Family Investments LLC Fund 3, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 3. (F18) All stock options are fully vested and exercisable. |
| 19 | Derivative | Class B common stock | 2022-06-17 | C | D | 422,399 | $0.00 | 347,509 | D | — · — to 2022-06-20 | 422,399 Class A Common Stock | (F19) 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 | 2022-06-17 | C | D | 78,880 | $0.00 | 64,855 | I Sharp Family Investments LLC Fund 3 (200903031-T3) | — · — to — | 78,880 Class A Common Stock | (F9) These securities are held by Sharp Family Investments LLC Fund 3, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 3. (F19) 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 | Stock Option | 2022-06-17 | M | D | 758,803 | $0.00 | 0 | I The Sharp Revocable Trust (200903031-RT) | $0.57 · — to 2022-06-20 | 758,803 Class B common stock | (F11) These securities are held by The Sharp Revocable Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Revocable Trust. (F18) All stock options are fully vested and exercisable. |
| 22 | Derivative | Class B common stock | 2022-06-17 | M | A | 758,803 | $0.00 | 758,803 | I The Sharp Revocable Trust (200903031-RT) | $0.57 · — to 2022-06-20 | 758,803 Class A Common Stock | (F11) These securities are held by The Sharp Revocable Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Revocable Trust. (F19) 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. |
| 23 | Derivative | Class B common stock | 2022-06-17 | C | D | 416,284 | $0.00 | 342,519 | I The Sharp Revocable Trust (200903031-RT) | $0.57 · — to 2022-06-20 | 416,284 Class A Common Stock | (F11) These securities are held by The Sharp Revocable Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Revocable Trust. (F19) 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. |
| 24 | Derivative | Stock Option | 2022-06-17 | M | D | 653,845 | $0.00 | 0 | I The Sharp Irrevocable Remainder Trust (200903031-IT) | $0.57 · — to 2022-06-20 | 653,845 Class B common stock | (F13) These securities are held by The Sharp Irrevocable Remainder Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Irrevocable Remainder Trust. (F18) All stock options are fully vested and exercisable. |
| 25 | Derivative | Class B common stock | 2022-06-17 | M | A | 653,845 | $0.00 | 653,845 | I The Sharp Irrevocable Remainder Trust (200903031-IT) | $0.57 · — to 2022-06-20 | 653,845 Class A Common Stock | (F13) These securities are held by The Sharp Irrevocable Remainder Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Irrevocable Remainder Trust. (F19) 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. |
| 26 | Derivative | Class B common stock | 2022-06-17 | C | D | 358,747 | $0.00 | 295,098 | I The Sharp Irrevocable Remainder Trust (200903031-IT) | $0.57 · — to 2022-06-20 | 358,747 Class A Common Stock | (F13) These securities are held by The Sharp Irrevocable Remainder Trust. The Reporting Person retains beneficial ownership over the securities held by The Sharp Irrevocable Remainder Trust. (F19) 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. |
| 27 | Derivative | Stock Option | 2022-06-17 | M | D | 769,908 | $0.00 | 0 | D | $0.57 · — to 2022-06-20 | 769,908 Class B common stock | (F18) All stock options are fully vested and exercisable. |
| 28 | Derivative | Class B common stock | 2022-06-17 | M | A | 769,908 | $0.00 | 769,908 | D | — · — to 2022-06-20 | 769,908 Class A Common Stock | (F19) 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. |
| 29 | Derivative | Class B common stock | 2022-06-17 | M | A | 1,002,371 | $0.00 | 1,002,371 | I Sharp Family Investments LLC Fund 1 (200903031-T1) | — · — to — | 1,002,371 Class A Common Stock | (F2) These securities are held by Sharp Family Investments LLC Fund 1, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 1. (F19) 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. |
| 30 | Derivative | Stock Option | 2022-06-17 | M | D | 1,002,371 | $0.00 | 0 | I Sharp Family Investments LLC Fund 1 (200903031-T1) | $0.57 · — to 2022-06-20 | 1,002,371 Class B common stock | (F2) These securities are held by Sharp Family Investments LLC Fund 1, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 1. (F18) All stock options are fully vested and exercisable. |
| 31 | Derivative | Class B common stock | 2022-06-17 | M | A | 143,735 | $0.00 | 143,735 | I Sharp Family Investments LLC Fund 3 (200903031-T3) | — · — to — | 143,735 Class A Common Stock | (F9) These securities are held by Sharp Family Investments LLC Fund 3, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 3. (F19) 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. |