Form 4 for PINS PINTEREST, INC.
Accepted 2023-01-13 00:00:00 ET · period of report 2023-01-11 · accession 0001506293-23-000003 · 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 | 2023-01-13 | 2023-01-11+ | PINS | Silbermann Benjamin | Executive COB, Co-F, Dir, 10% | C - Cnv Deriv | $0.00 | +323.7K | 23.7K | New | $0 |
| DM | 2023-01-13 | 2023-01-11+ | PINS | Silbermann Benjamin | Executive COB, Co-F, Dir, 10% | S - Sale | $26.58 | -323.7K | 0 | -100% | -$8.61M |
| DM | 2023-01-13 | 2023-01-11+ | PINS | Silbermann Benjamin | Executive COB, Co-F, Dir, 10% | C - Cnv Deriv | $0.00 | -323.7K | 1.53M | -17% | $0 |
| DM | 2023-01-13 | 2023-01-11+ | PINS | Silbermann Benjamin | Executive COB, Co-F, Dir, 10% | M - OptEx | $0.00 | 0 | 1.68M | 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 | 2023-01-11 | C | A | 150,000 | $0.00 | 150,000 | 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. |
| 2 | Common | Class A Common Stock | 2023-01-11 | S | D | 150,000 | $26.50 | 0 | D | — | — | |
| 3 | Common | Class A Common Stock | 2023-01-12 | C | A | 150,000 | $0.00 | 150,000 | 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. |
| 4 | Common | Class A Common Stock | 2023-01-12 | S | D | 150,000 | $26.68 | 0 | D | — | — | |
| 5 | Common | Class A Common Stock | 2023-01-13 | C | A | 23,704 | $0.00 | 23,704 | 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. |
| 6 | Common | Class A Common Stock | 2023-01-13 | S | D | 23,704 | $26.50 | 0 | D | — | — | |
| 7 | Derivative | Class B common stock | 2023-01-11 | C | D | 150,000 | $0.00 | 1,526,534 | D | — · — to — | 150,000 Class A Common Stock | (F7) These securities consist of 826,533 shares of Class B common stock and 700,001 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of 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. |
| 8 | Derivative | Stock Option | 2023-01-12 | M | D | 150,000 | $0.00 | 23,704 | D | $1.88 · — to 2023-04-24 | 150,000 Class B common stock | (F5) All stock options are fully vested and exercisable. |
| 9 | Derivative | Stock Option | 2023-01-11 | M | D | 150,000 | $0.00 | 173,704 | D | $1.88 · — to 2023-04-24 | 150,000 Class B common stock | (F5) All stock options are fully vested and exercisable. |
| 10 | Derivative | Class B common stock | 2023-01-12 | M | A | 150,000 | $0.00 | 1,676,534 | D | — · — to — | 150,000 Class A Common Stock | (F6) These securities consist of 976,533 shares of Class B common stock and 700,001 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of 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. |
| 11 | Derivative | Class B common stock | 2023-01-13 | M | A | 23,704 | $0.00 | 1,550,238 | D | — · — to — | 23,704 Class A Common Stock | (F8) These securities consist of 850,237 shares of Class B common stock and 700,001 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of 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. |
| 12 | Derivative | Stock Option | 2023-01-13 | M | D | 23,704 | $0.00 | 0 | D | $1.88 · — to 2023-04-24 | 23,704 Class B common stock | (F5) All stock options are fully vested and exercisable. |
| 13 | Derivative | Class B common stock | 2023-01-12 | C | D | 150,000 | $0.00 | 1,526,534 | D | — · — to — | 150,000 Class A Common Stock | (F7) These securities consist of 826,533 shares of Class B common stock and 700,001 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of 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. |
| 14 | Derivative | Class B common stock | 2023-01-11 | M | A | 150,000 | $0.00 | 1,676,534 | D | — · — to — | 150,000 Class A Common Stock | (F6) These securities consist of 976,533 shares of Class B common stock and 700,001 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of 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. |
| 15 | Derivative | Class B common stock | 2023-01-13 | C | D | 23,704 | $0.00 | 1,526,534 | D | — · — to — | 23,704 Class A Common Stock | (F7) These securities consist of 826,533 shares of Class B common stock and 700,001 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of 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. |