William J. Ready - 20 Jan 2024 Form 4 Insider Report for PINTEREST, INC. (PINS)

Signature
Wanji Walcott, Attorney-in-Fact
Issuer symbol
PINS
Transactions as of
20 Jan 2024
Net transactions value
-$956,290
Form type
4
Filing time
23 Jan 2024, 15:59:38 UTC
Previous filing
09 Nov 2023
Next filing
30 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINS Class A Common Stock Tax liability $956,290 -25,776 -2.5% $37.10 998,226 20 Jan 2024 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 8,018,599 20 Jan 2024 Class A Common Stock 8,018,599 $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 414,114 shares of Class A Common Stock and 584,112 shares of Class A Common Stock RSAs.
F3 The stock option vests on a quarterly basis over a four-year period beginning on July 20, 2022.