William J. Ready - 20 Jul 2023 Form 4 Insider Report for PINTEREST, INC. (PINS)

Role: Chief Executive Officer, Director
Signature: Monifa Clayton, Attorney-in-Fact
Issuer symbol: PINS
Transactions as of: 20 Jul 2023
Net transactions value: -$797,957
Form type: 4
Filing time: 24 Jul 2023, 17:04:27 UTC
Previous filing: 01 Jun 2023
Next filing: 02 Aug 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	Tax liability	$797,957	-28,985	-2.7%	$27.53	1,052,978	20 Jul 2023	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	PINS	Stock Option						8,553,172	20 Jul 2023	Class A Common Stock	8,553,172	$19.96	Direct	F3

* 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 Restricted Stock Awards (RSAs) previously reported.
F2	These securities consist of 352,043 shares of Class A Common Stock and 700,935 shares of Class A Common Stock RSAs.
F3	This stock option vests on a quarterly basis over a four-year period that began on July 20, 2022.

Remarks:

The Power of Attorney for Mr. William Ready is filed as an exhibit to the Form 3 filed by Mr. Ready with the Securities and Exchange Commission on June 29, 2022, which is hereby incorporated by reference.