Key facts
- This page summarizes Evan Sharp's Form 4 filing for PINTEREST, INC. (PINS).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 22 Feb 2024, 16:24.
Evan Sharp - 20 Feb 2024 Form 4 Insider Report for PINTEREST, INC. (PINS)
- Reporting relationship
- Director
- Issuer ticker
- PINS
- Reported as of
- 20 Feb 2024
- Net transaction value
- -$1,867,626
- SEC form
- 4
- Accepted by SEC
- 22 Feb 2024, 16:24:13 UTC
- Prior SEC filing
- 23 Jan 2024
- Next SEC filing
- 23 Apr 2024
- Source filing
- View source filing
- Reporting owner signature
- Wanji Walcott, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Evan Sharp filed Form 4 for PINTEREST, INC. (PINS) on 22 Feb 2024.
Change
- Previous filing in this sequence was filed on 23 Jan 2024.
- Current net transaction value: -$1,867,626.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PINS
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +53,725
- Change %
- Price
- $0.000000
- Shares after
- 53,725
- Date
- 20 Feb 2024
- Ownership
- Direct
- Footnotes
- F1
PINS
transaction
Class A Common Stock
Sale
- Transaction value
- $1,867,626
- Shares
- -53,725
- Change %
- -100%
- Price
- $34.76
- Shares after
- 0
- Date
- 20 Feb 2024
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PINS
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -53,725
- Change %
- -11%
- Price
- $0.000000
- Shares after
- 448,823
- Date
- 20 Feb 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 53,725
- Exercise price
- Footnotes
- F1, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 5 footnotes
Footnote F1
Represents the conversion of 53,725 shares of Class B Common Stock into 53,725 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with sales to be effected pursuant to a Rule 10b5-1 trading plan.
Footnote F2
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
Footnote F3
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.5200 to $35.0700 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Footnote F4
Each share of Class B common stock, par value $0.00001 (Class B Common Stock) is convertible at any time at the option of the holder into one share of the Company's Class A common stock, par value $0.00001 (Class A Common Stock). Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer and in other circumstances described in the Issuer's Certificate of Incorporation.
Footnote F5
These securities consists of 332,156 shares of Class B Common Stock and 116,667 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Class B common stock, subject to vesting.