Andrea Acosta - Apr 13, 2022 Form 4 Insider Report for PINTEREST, INC. (PINS)

Signature
Monifa Clayton, Attorney-in-Fact
Stock symbol
PINS
Transactions as of
Apr 13, 2022
Transactions value $
$0
Form type
4
Date filed
5/24/2022, 04:45 PM
Previous filing
Feb 17, 2022
Next filing
Aug 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINS Class A Common Stock Award $0 +222K $0.00 222K Apr 13, 2022 Direct F1, F2
transaction PINS Class A Common Stock Tax liability $0 -7.3K -3.29% $0.00 214K May 20, 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities consist of 221,730 Restricted Stock Units (RSUs) that were granted on April 13, 2022, for which 13,858 RSUs will vest each three-month period occurring during the period commencing on May 20, 2022 and ending on February 20, 2026, subject to the Reporting Person's continued service through each such date. 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. This award was inadvertently not reported in April due to an administrative error.
F2 These securities consist of 221,730 RSUs, subject to vesting.
F3 Represents shares of Class A Common Stock that have been withheld by the Company to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of RSUs (originally granted on granted on April 13, 2022).
F4 These securities consist of 6,561 shares of Class A Common Stock and 207,872 RSUs reported above, subject to vesting.