Jeremy S. Levine - May 24, 2024 Form 4 Insider Report for PINTEREST, INC. (PINS)

Role
Director
Signature
Jacquie Katzel, Attorney-in-Fact
Stock symbol
PINS
Transactions as of
May 24, 2024
Transactions value $
$259,995
Form type
4
Date filed
5/29/2024, 05:20 PM
Previous filing
May 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINS Class A Common Stock Award $260K +6.27K +0.52% $41.44 1.21M May 24, 2024 Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities consist of 6,274 Restricted Stock Units (RSUs) that were granted on May 24, 2024. 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 24, 2025, 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 Includes 152,609 shares of Class A Common Stock received by the Reporting Person in one or more pro rata distributions-in-kind from the BVP Entities), on August 10, 2021, which distributions were made in accordance with the exemption afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
F3 The Reporting Person has agreed to assign a portion of his shares of Class A common stock to Deer Management Co. LLC
F4 The Reporting Person has agreed to assign to Deer Management Co. LLC the right to any shares issuable pursuant to the RSUs or any proceeds from the sale thereof.
F5 These securities consist of 1,200,954 shares of Class A common stock, par value $0.00001 (Class A Common Stock) and 6,274 RSUs.