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

Role
Former Chief Financial Officer
Signature
Monifa Clayton, Attorney-in-Fact
Stock symbol
PINS
Transactions as of
Jun 20, 2023
Transactions value $
-$1,701,675
Form type
4
Date filed
6/22/2023, 04:06 PM
Previous filing
Jun 13, 2023
Next filing
Jun 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINS Class A Common Stock Tax liability -$1.7M -67.5K -13.16% $25.21 445K Jun 20, 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 60,705 shares of Class A common stock and 384,615 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.