Evan Sharp - 26 Apr 2022 Form 4 Insider Report for PINTEREST, INC. (PINS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
28 Apr 2022, 14:52:38 UTC
Prior SEC filing
25 Apr 2022
Next SEC filing
22 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Monifa Clayton, Attorney-in-Fact

Key filing fact

Evan Sharp filed Form 4 for PINTEREST, INC. (PINS) on 28 Apr 2022.

Key facts

  • This page summarizes Evan Sharp's Form 4 filing for PINTEREST, INC. (PINS).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 28 Apr 2022, 14:52.

Change

  • Previous filing in this sequence was filed on 25 Apr 2022.
  • Current net transaction value: -$1,111,912.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PINS transaction

Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+57,525
Change %
Price
$0.000000
Shares after
57,525
Date
26 Apr 2022
Ownership
Direct
Footnotes
F1, F2
PINS transaction

Common Stock

Sale

Transaction value
$1,111,912
Shares
-57,525
Change %
-100%
Price
$19.33
Shares after
0
Date
26 Apr 2022
Ownership
Direct
Footnotes
F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PINS transaction Derivative

Class B common stock

Conversion of derivative security

Transaction value
$0
Shares
-57,525
Change %
-4.3%
Price
$0.000000
Shares after
1,265,490
Date
26 Apr 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
57,525
Exercise price
Footnotes
F1, F2, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

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.

Footnote F2

Represents the conversion of 57,525 shares of Class B Common Stock into 57,525 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.

Footnote F3

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

Footnote F4

The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.0400 to $19.8600 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.

Footnote F5

These securities consists 332,156 shares of Class B Common Stock and 933,334 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.

SEC remarks

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.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .