Salaam Coleman Smith - 28 May 2021 Form 4 Insider Report for PINTEREST, INC. (PINS)

Role
Director
Signature
Monifa Clayton, Attorney-in-Fact
Issuer symbol
PINS
Transactions as of
28 May 2021
Net transactions value
$0
Form type
4
Filing time
02 Jun 2021, 20:55:45 UTC
Next filing
02 Jul 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 Award $0 +3,981 +59% $0.000000 10,766 28 May 2021 Direct F1, F2
* 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) 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 3,981 RSUs and 6,785 previously reported RSUs. Each RSU represents Ms. Coleman's right to receive one share of Class A Common Stock, subject to vesting.

Remarks:

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