Todd R. Morgenfeld - 20 Mar 2023 Form 4 Insider Report for PINTEREST, INC. (PINS)

Signature
Monifa Clayton, Attorney-in-Fact
Issuer symbol
PINS
Transactions as of
20 Mar 2023
Net transactions value
-$1,810,119
Form type
4
Filing time
22 Mar 2023, 18:32:10 UTC
Previous filing
30 Dec 2022
Next filing
28 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINS Class A Common Stock Tax liability $1,810,119 -67,668 -11% $26.75 573,357 20 Mar 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 previously reported RSAs.
F2 These securities consist of 60,537 shares of Class A common stock and 512,820 Restricted Stock Awards (RSAs). Each RSA represents the Reporting Person's right to receive one share of Class A common stock, par value $0.00001, subject to vesting.

Remarks:

The Power of Attorney for Mr. Todd Morgenfeld is filed as an exhibit to the Form 3 filed by Mr. Morgenfeld with the Securities and Exchange Commission on April 17, 2019, which is hereby incorporated by reference.