| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PINS | Class A Common Stock | Conversion of derivative security | $0 | +62.6K | $0.00 | 62.6K | Nov 17, 2021 | Sharp Family Investments LLC Fund 1 (200903031-T1) | F1, F2 | |
| transaction | PINS | Class A Common Stock | Sale | -$3.03M | -62.6K | -100% | $48.36 | 0 | Nov 17, 2021 | Sharp Family Investments LLC Fund 1 (200903031-T1) | F2, F3, F4 |
| transaction | PINS | Class A Common Stock | Conversion of derivative security | $0 | +31.9K | $0.00 | 31.9K | Nov 17, 2021 | Sharp Family Investments LLC Fund 2 (200903031-T2) | F5, F6 | |
| transaction | PINS | Class A Common Stock | Sale | -$1.54M | -31.9K | -100% | $48.36 | 0 | Nov 17, 2021 | Sharp Family Investments LLC Fund 2 (200903031-T2) | F3, F4, F6 |
| transaction | PINS | Class A Common Stock | Conversion of derivative security | $0 | +8.99K | $0.00 | 8.99K | Nov 17, 2021 | Sharp Family Investments LLC Fund 3 (200903031-T3) | F7, F8 | |
| transaction | PINS | Class A Common Stock | Sale | -$435K | -8.99K | -100% | $48.36 | 0 | Nov 17, 2021 | Sharp Family Investments LLC Fund 3 (200903031-T3) | F3, F4, F8 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PINS | Stock Option | Options Exercise | $0 | -62.6K | -5.88% | $0.00 | 1M | Nov 17, 2021 | Class B common stock | 62.6K | $0.57 | Sharp Family Investments LLC Fund 1 (200903031-T1) | F2, F9 |
| transaction | PINS | Class B common stock | Options Exercise | $0 | +62.6K | $0.00 | 62.6K | Nov 17, 2021 | Class A Common Stock | 62.6K | Sharp Family Investments LLC Fund 1 (200903031-T1) | F2, F10 | ||
| transaction | PINS | Class B common stock | Conversion of derivative security | $0 | -62.6K | -100% | $0.00* | 0 | Nov 17, 2021 | Class A Common Stock | 62.6K | Sharp Family Investments LLC Fund 1 (200903031-T1) | F1, F2, F10 | |
| transaction | PINS | Stock Option | Options Exercise | $0 | -31.9K | -5.88% | $0.00 | 510K | Nov 17, 2021 | Class B common stock | 31.9K | $0.57 | Sharp Family Investments LLC Fund 2 (200903031-T2) | F6, F9 |
| transaction | PINS | Class B common stock | Options Exercise | $0 | +31.9K | $0.00 | 31.9K | Nov 17, 2021 | Class A Common Stock | 31.9K | Sharp Family Investments LLC Fund 2 (200903031-T2) | F6, F10 | ||
| transaction | PINS | Class B common stock | Conversion of derivative security | $0 | -31.9K | -100% | $0.00* | 0 | Nov 17, 2021 | Class A Common Stock | 31.9K | Sharp Family Investments LLC Fund 2 (200903031-T2) | F5, F6, F10 | |
| transaction | PINS | Stock Option | Options Exercise | $0 | -8.99K | -5.88% | $0.00 | 144K | Nov 17, 2021 | Class B common stock | 8.99K | $0.57 | Sharp Family Investments LLC Fund 3 (200903031-T3) | F8, F9 |
| transaction | PINS | Class B common stock | Options Exercise | $0 | +8.99K | $0.00 | 8.99K | Nov 17, 2021 | Class A Common Stock | 8.99K | Sharp Family Investments LLC Fund 3 (200903031-T3) | F8, F10 | ||
| transaction | PINS | Class B common stock | Conversion of derivative security | $0 | -8.99K | -100% | $0.00* | 0 | Nov 17, 2021 | Class A Common Stock | 8.99K | Sharp Family Investments LLC Fund 3 (200903031-T3) | F7, F8, F10 | |
| holding | PINS | Class B common stock | 1.5M | Nov 17, 2021 | Class A Common Stock | 1.5M | Direct | F10, F11 |
| Id | Content |
|---|---|
| F1 | Represents the conversion of 62,649 shares of Class B Common Stock into 62,649 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan. |
| F2 | These securities are held by Sharp Family Investments LLC Fund 1, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 1. |
| F3 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. |
| F4 | The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $47.8900 to $48.6000 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. |
| F5 | Represents the conversion of 31,869 shares of Class B Common Stock into 31,869 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan. |
| F6 | These securities are held by Sharp Family Investments LLC Fund 2, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 2. |
| F7 | Represents the conversion of 8,985 shares of Class B Common Stock into 8,985 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan. |
| F8 | These securities are held by Sharp Family Investments LLC Fund 3, a limited liability company. The Reporting Person retains beneficial ownership over the securities held by Sharp Family Investments LLC Fund 3. |
| F9 | All stock options are fully vested and exercisable. |
| F10 | Each share of Class B common stock, par value $0.00001 (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, par value $0.00001 (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. |
| F11 | These securities consists 332,156 shares of Class B Common Stock and 1,166,667 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting. |
The Power of Attorney for Mr. Evan Sharp is filed as an exhibit to the Form 3 filed by Mr. Sharp with the Securities and Exchange Commission on April 17, 2019, which is hereby incorporated by reference.