Brougher Francoise 4
4 · Pinterest, Inc. · Filed Sep 24, 2019
Insider Transaction Report
Form 4
Pinterest, Inc.PINS
Brougher Francoise
Chief Operating Officer
Transactions
- Tax Payment
Class B common stock
2019-09-20$30.22/sh−54,844$1,657,386→ 1,921,004 total→ Class A Common Stock (54,844 underlying)
Footnotes (3)
- [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.
- [F2]Represents shares of Class B Common Stock that have been withheld by the Company to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock units (RSUs) previously reported.
- [F3]These securities consist of 146,004 shares of Class B Common Stock and 1,775,000 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock, subject to vesting.