Form 4 for PINS PINTEREST, INC.
Accepted 2022-09-02 00:00:00 ET · period of report 2022-08-31 · accession 0001506293-22-000108 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-09-02 | 2022-08-31 | PINS | Ready William J | CEO, Dir | A - Grant | $0.00 | +934.6K | 1.16M | +420% | $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 | 2022-08-31 | A | A | 934,579 | $0.00 | 1,157,130 | D | — | — | (F1) These securities consist of 934,579 shares of Class A Common Stock, par value $0.00001 (Class A Common Stock), subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs). Pursuant to his employment agreement, the Reporting Person was granted 934,579 RSAs on August 31, 2022, following his open market purchase of 222,551 shares of Class A Common Stock (the "Investment Shares"). The RSAs vest as follows:(i) 58,411 RSAs will vest on October 20, 2022, January 20, 2023, April 20, 2023, July 20, 2023, October 20, 2023, April 20, 2024, July 20, 2024, October 20, 2024, January 20, 2025, July 20, 2025, October 20, 2025, January 20, 2026, and April 20, 2026; and (ii) 58,412 RSAs will vest on January 20, 2024, April 20, 2025, and July 20, 2026, in each case, subject to Reporting Person's continued service as CEO and holding the Investment Shares through each such date. (F2) These securities consist of 222,551 shares of Class A Common Stock and 934,579 shares of Class A Common Stock RSAs. |