Gokul Rajaram - May 28, 2021 Form 4 Insider Report for PINTEREST, INC. (PINS)

Role
Director
Signature
Monifa Clayton, Attorney-in-Fact
Stock symbol
PINS
Transactions as of
May 28, 2021
Transactions value $
$0
Form type
4
Date filed
6/2/2021, 08:49 PM
Previous filing
Jun 1, 2021
Next filing
Jul 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINS Class A Common Stock Award $0 +3.98K +11.98% $0.00 37.2K May 28, 2021 Direct F1, F2
transaction PINS Class A Common Stock Award $0 0 0% $0.00* 3.96K May 28, 2021 Rajaram Family Revocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities consist of 3,981 Restricted Stock Units (RSUs) that were granted on May 28, 2021. Each RSU represents the Reporting Person's right to receive one share of Class A common stock, par value $0.00001 (Class A Common Stock), subject to vesting. The RSUs will vest in full on the earlier of (i) May 28, 2022, or (ii) the date immediately prior to the Company's next regular annual shareholders meeting, in either case, subject to the Reporting Person's continued service as a non-employee director of the Company through such date.
F2 These securities consist of 20,037 shares of Class A Common Stock and 17,176 RSUs. Each RSU represents Mr. Rajaram's right to receive one share of Class A Common Stock, subject to vesting.

Remarks:

The Power of Attorney for Mr. Rajaram is filed as an exhibit to the Form 3 filed by Mr. Rajaram with the Securities and Exchange Commission on March 2, 2020, which is hereby incorporated by reference.