| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PINS | Class A Common Stock | Conversion of derivative security | $0 | +10.7K | +1.66% | $0.00 | 657K | Mar 20, 2021 | Direct | F1, F2, F3 |
| transaction | PINS | Class A Common Stock | Sale | -$187K | -3.3K | -0.5% | $56.50 | 654K | May 12, 2021 | Direct | F4, F5, F6 |
| transaction | PINS | Class A Common Stock | Sale | -$199K | -3.47K | -0.53% | $57.28 | 650K | May 12, 2021 | Direct | F4, F7, F8 |
| transaction | PINS | Class A Common Stock | Sale | -$115K | -1.97K | -0.3% | $58.75 | 648K | May 12, 2021 | Direct | F4, F9, F10 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PINS | Class B common stock | Conversion of derivative security | $0 | -10.7K | -9.67% | $0.00 | 100K | Mar 20, 2021 | Class A Common Stock | 10.7K | Direct | F1, F2, F11 |
| Id | Content |
|---|---|
| F1 | Due to an administrative error, a Form 4 was inadvertently not filed in a timely manner on behalf of the Reporting Person to report the conversion of 10,699 shares of Class B common stock, par value $0.00001 (Class B Common Stock) into 10,699 shares of Class A common stock, par value $0.00001 (Class A Common Stock) on March 20, 2021 at the option of the Reporting Person. |
| F2 | Each share of 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. 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. |
| F3 | These securities consist of 75,384 shares of Class A Common Stock and an additional 581,664 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs). |
| F4 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. |
| F5 | The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $55.9200 to $56.8600 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. |
| F6 | These securities consist of 72,082 shares of Class A Common Stock and an additional 581,664 RSAs. |
| F7 | The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $57.0500 to $57.8100 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. |
| F8 | These securities consist of 68,608 shares of Class A Common Stock and an additional 581,664 RSAs. |
| F9 | The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $58.4500 to $59.1100 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. |
| F10 | These securities consist of 66,642 shares of Class A Common Stock and an additional 581,664 RSAs. |
| F11 | These securities consists of 99,996 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock. |
The Power of Attorney for Mr. Naveen Gavini is filed as an exhibit to the Form 3 filed by Mr. Gavini with the Securities and Exchange Commission on March 8, 2021, which is hereby incorporated by reference.