Naveen Gavini - 11 Jun 2021 Form 4/A - Amendment Insider Report for PINTEREST, INC. (PINS)

Role
SVP, Products
Signature
Monifa Clayton, Attorney-in-Fact
Issuer symbol
PINS
Transactions as of
11 Jun 2021
Net transactions value
-$597,307
Form type
4/A - Amendment
Filing time
20 Jul 2021, 18:44:21 UTC
Date Of Original Report
16 Jun 2021
Previous filing
14 May 2021
Next filing
23 Jun 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 $597,307 -8,742 -1.3% $68.33 639,564 11 Jun 2021 Direct F1, F2, F3, F4
* 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 $67.9650 to $68.9400 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 57,900 shares of Class A Common Stock and 581,664 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs.
F4 This amendment is to correct a previous Form 4 which inadvertently reported a conversion of shares hold from Class B shares to Class A shares. However, the sale was of Class A shares already held by the Reporting Person.

Remarks:

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.