| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PINS | Class A Common Stock | Award | $0 | +10.7 K | +0.9% | $0.00 | 1.2 M | May 26, 2023 | Direct | F1, F2, F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | These securities consist of 10,730 Restricted Stock Units (RSUs) that were granted on May 26, 2023. 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, 2024, 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 | Includes 152,609 shares of Class A Common Stock received by the Reporting Person in one or more pro rata distributions-in-kind from the BVP Entities), on August 10, 2021, which distributions were made in accordance with the exemption afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended. |
| F3 | The Reporting Person has agreed to assign to Deer Management Co. LLC the right to any shares issuable pursuant to the RSUs or any proceeds from the sale thereof. |
| F4 | These securities consist of 1,190,224 shares of Class A common stock, par value $0.00001 (Class A Common Stock) and 10,730 Restricted Stock Unit (RSUs). Each RSU represents the Reporting Person's right to receive one share of Class A Common Stock, subject to vesting. |
| F5 | The Reporting Person has agreed to assign a portion of his shares of Class A common stock to Deer Management Co. LLC |
The Power of Attorney for Mr. Jeremy S. Levine is filed as an exhibit to the Form 3 filed by Mr. Levine with the Securities and Exchange Commission on April 17, 2019, which is hereby incorporated by reference.