Gokul Rajaram - 27 May 2022 Form 4 Insider Report for PINTEREST, INC. (PINS)

Role
Director
Signature
Monifa Clayton, Attorney-in-Fact
Issuer symbol
PINS
Transactions as of
27 May 2022
Net transactions value
$0
Form type
4
Filing time
01 Jun 2022, 16:20:15 UTC
Previous filing
31 May 2022
Next filing
03 Jun 2022
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 +12,713 +34% $0.000000 49,926 27 May 2022 Direct F1, F2
holding PINS Class A Common Stock 3,957 27 May 2022 Rajaram Family Revocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities consist of 12,713 Restricted Stock Units (RSUs) that were granted on May 27, 2022. 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 26, 2023, 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 30,615 shares of Class A Common Stock and 19,311 RSUs.

Remarks:

The Power of Attorney for Mr. Rajaram is filed as an exhibit to the Form 3 filed by Mr. Rajaram with the Securities and Exchange Commission on March 2, 2020, which is hereby incorporated by reference.