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 Jul 2022, 16:37.
Evan Sharp - 26 Jul 2022 Form 4 Insider Report for PINTEREST, INC. (PINS)
- Reporting relationship
- Director
- Issuer ticker
- PINS
- Reported as of
- 26 Jul 2022
- Net transaction value
- -$1,480,542
- SEC form
- 4
- Accepted by SEC
- 28 Jul 2022, 16:37:44 UTC
- Prior SEC filing
- 22 Jul 2022
- Next SEC filing
- 24 Oct 2022
- Source filing
- View source filing
- Reporting owner signature
- Monifa Clayton, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Evan Sharp filed Form 4 for PINTEREST, INC. (PINS) on 28 Jul 2022.
Change
- Previous filing in this sequence was filed on 22 Jul 2022.
- Current net transaction value: -$1,480,542.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PINS
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +55,241
- Change %
- Price
- $0.000000
- Shares after
- 55,241
- Date
- 26 Jul 2022
- Ownership
- Direct
- Footnotes
- F1, F2
PINS
transaction
Class A Common Stock
Sale
- Transaction value
- $1,480,542
- Shares
- -55,241
- Change %
- -100%
- Price
- $26.80
- Shares after
- 0
- Date
- 26 Jul 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
- -55,241
- Change %
- -3.6%
- Price
- $0.000000
- Shares after
- 1,496,332
- Date
- 26 Jul 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 55,241
- 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 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.
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 $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.
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.
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.