4//SEC Filing
Sharp Evan 4
Accession 0001506293-24-000091
CIK 0001506293other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 5:05 PM ET
Size
42.2 KB
Accession
0001506293-24-000091
Insider Transaction Report
Form 4
PINTEREST, INC.PINS
Sharp Evan
DirectorCo-Founder & Chief Design & Cr
Transactions
- Conversion
Class B Common Stock
2024-05-15−67,883→ 203,649 total(indirect: By LLC)→ Class A Common Stock (67,883 underlying) - Conversion
Class B Common Stock
2024-05-15−2,139→ 41,903 total(indirect: By LLC)→ Class A Common Stock (2,139 underlying) - Conversion
Class B Common Stock
2024-05-15−9,886→ 189,455 total(indirect: By Trust)→ Class A Common Stock (9,886 underlying) - Conversion
Class B Common Stock
2024-05-15−50,259→ 216,868 total(indirect: By Trust)→ Class A Common Stock (50,259 underlying) - Conversion
Class A Common Stock
2024-05-15+53,958→ 53,958 total - Sale
Class A Common Stock
2024-05-15$41.87/sh−53,958$2,259,427→ 0 total - Conversion
Class A Common Stock
2024-05-15+67,883→ 67,883 total(indirect: By LLC) - Sale
Class A Common Stock
2024-05-15$41.88/sh−67,883$2,842,716→ 0 total(indirect: By LLC) - Conversion
Class A Common Stock
2024-05-15+7,589→ 7,589 total(indirect: By LLC) - Sale
Class A Common Stock
2024-05-15$41.87/sh−7,589$317,770→ 0 total(indirect: By LLC) - Conversion
Class A Common Stock
2024-05-15+2,139→ 2,139 total(indirect: By LLC) - Sale
Class A Common Stock
2024-05-15$41.89/sh−2,139$89,596→ 0 total(indirect: By LLC) - Conversion
Class A Common Stock
2024-05-15+9,886→ 9,886 total(indirect: By Trust) - Sale
Class A Common Stock
2024-05-15$41.88/sh−9,886$414,000→ 0 total(indirect: By Trust) - Conversion
Class A Common Stock
2024-05-15+50,259→ 50,259 total(indirect: By Trust) - Sale
Class A Common Stock
2024-05-15$41.88/sh−50,259$2,104,651→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
2024-05-15−53,958→ 332,156 total→ Class A Common Stock (53,958 underlying) - Conversion
Class B Common Stock
2024-05-15−7,589→ 148,678 total(indirect: By LLC)→ Class A Common Stock (7,589 underlying)
Footnotes (19)
- [F1]Represents the conversion of 53,958 shares of Class B Common Stock into 53,958 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
- [F10]Represents the conversion of 2,139 shares of Class B Common Stock into 2,139 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
- [F11]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.
- [F12]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $41.7000 to $42.2700 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]Represents the conversion of 9,886 shares of Class B Common Stock into 9,886 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
- [F14]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.
- [F15]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $41.6900 to $42.3600 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.
- [F16]Represents the conversion of 50,259 shares of Class B Common Stock into 50,259 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
- [F17]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]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $41.6500 to $42.3600 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.
- [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.
- [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 $41.6300 to $42.3350 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]Represents the conversion of 67,883 shares of Class B Common Stock into 67,883 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
- [F5]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.
- [F6]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $41.6400 to $42.3600 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.
- [F7]Represents the conversion of 7,589 shares of Class B Common Stock into 7,589 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
- [F8]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.
- [F9]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $41.6650 to $42.2700 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.
Documents
Issuer
PINTEREST, INC.
CIK 0001506293
Entity typeother
Related Parties
1- filerCIK 0001773871
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 5:05 PM ET
- Size
- 42.2 KB