Jeffrey D. Jordan - 17 May 2021 Form 4 Insider Report for PINTEREST, INC. (PINS)

Role
Director
Signature
Monifa Clayton, Attorney-in-Fact
Issuer symbol
PINS
Transactions as of
17 May 2021
Net transactions value
-$923,181
Form type
4
Filing time
19 May 2021, 20:31:41 UTC
Previous filing
18 May 2021
Next filing
27 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINS Class A Common Stock Sale $803,180 -14,000 -4% $57.37 336,215 17 May 2021 Jordan Family Revocable Trust u/a 8/25/95 F1
transaction PINS Class A Common Stock Sale $120,001 -2,000 -0.59% $60.00 334,215 18 May 2021 Jordan Family Revocable Trust u/a 8/25/95 F1, F2
holding PINS Class A Common Stock 23,111 17 May 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $60.0000 to $60.0100 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.
F3 These securities consist of 9,671 shares of Class A Common Stock and 13,440 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock, subject to vesting.

Remarks:

The Power of Attorney for Mr. Jeffrey Jordan is filed as an exhibit to the Form 3 filed by Mr. Jordan with the Securities and Exchange Commission on April 17, 2019, which is hereby incorporated by reference.