Gokul Rajaram - 26 May 2023 Form 4 Insider Report for PINTEREST, INC. (PINS)

Role
Director
Signature
Monifa Clayton, Attorney-in-Fact
Issuer symbol
PINS
Transactions as of
26 May 2023
Net transactions value
$0
Form type
4
Filing time
31 May 2023, 18:21:24 UTC
Previous filing
30 May 2023
Next filing
05 Jun 2023
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 +10,730 +21% $0.000000 60,656 26 May 2023 Direct F1, F2
holding PINS Class A Common Stock 3,957 26 May 2023 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 1 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 These securities consist of 49,926 shares of Class A Common Stock and 10.730 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.