4//SEC Filing
Gavini Naveen 4
Accession 0001506293-23-000027
CIK 0001506293other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:16 PM ET
Size
12.3 KB
Accession
0001506293-23-000027
Insider Transaction Report
Form 4
PINTEREST, INC.PINS
Gavini Naveen
SVP, Products
Transactions
- Sale
Class A Common Stock
2023-02-15$24.80/sh−52,190$1,294,114→ 374,996 total
Holdings
- 3,125
Class B common stock
→ Class A Common Stock (3,125 underlying)
Footnotes (5)
- [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, automatically convert into one share of Class A Common Stock upon any transfer.
- [F2]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- [F3]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $24.5800 to $24.9650 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.
- [F4]These securities consist of 89,987 shares of Class A Common Stock and 285,009 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs.
- [F5]These securities consist of 3,125 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock, which will be automatically converted into shares of Class A Common Stock upon vesting, pursuant to an irrevocable consent signed by the Reporting Person on September 29, 2019 to automatically convert all shares of Class B Common Stock into shares of Class A Common Stock.
Issuer
PINTEREST, INC.
CIK 0001506293
Entity typeother
Related Parties
1- filerCIK 0001849734
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 4:16 PM ET
- Size
- 12.3 KB