| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PINS | Class A Common Stock | Conversion of derivative security | $0 | +55.2K | $0.00 | 55.2K | Jul 26, 2022 | Direct | F1, F2 | |
| transaction | PINS | Class A Common Stock | Sale | -$1.48M | -55.2K | -100% | $26.80 | 0 | Jul 26, 2022 | Direct | F3, F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PINS | Class B common stock | Conversion of derivative security | $0 | -55.2K | -3.56% | $0.00 | 1.5M | Jul 26, 2022 | Class A Common Stock | 55.2K | Direct | F1, F2, F5 |
| Id | Content |
|---|---|
| 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. |
| F2 | Represents the conversion of 55,241 shares of Class B Common Stock into 55,241 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. |
| 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 $17.1350 to $17.5100 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 | These securities consists 679,665 shares of Class B Common Stock and 816,667 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting. The reported number of Class B Common Stock includes 347,509 shares of Class B Common Stock that had previously not been reflected in the Reporting Person's Form 4 filed July 20, 2022, due to an inadvertent administrative error. |
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.