Key facts
- This page summarizes Tseli Lily Yang's Form 4/A - Amendment filing for PINTEREST, INC. (PINS).
- 6 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 15 Oct 2021, 17:19.
Tseli Lily Yang - 21 Sep 2021 Form 4/A - Amendment Insider Report for PINTEREST, INC. (PINS)
- Reporting relationship
- Chief Accounting Officer
- Issuer ticker
- PINS
- Reported as of
- 21 Sep 2021
- Net transaction value
- -$309,825
- SEC form
- 4/A - Amendment
- Accepted by SEC
- 15 Oct 2021, 17:19:52 UTC
- Original report date
- 23 Sep 2021
- Prior SEC filing
- 14 Sep 2021
- Next SEC filing
- 14 Jun 2022
- Source filing
- View source filing
- Reporting owner signature
- Monifa Clayton, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
6 source fields
Reporting owner
1 detail
Key filing fact
Tseli Lily Yang filed Form 4/A - Amendment for PINTEREST, INC. (PINS) on 15 Oct 2021.
Change
- Previous filing in this sequence was filed on 14 Sep 2021.
- Current net transaction value: -$309,825.
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/A - Amendment 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
- +3,390
- Change %
- +5.7%
- Price
- $0.000000
- Shares after
- 62,648
- Date
- 21 Sep 2021
- Ownership
- Direct
- Footnotes
- F1, F2, F3
PINS
transaction
Class A Common Stock
Sale
- Transaction value
- $238,780
- Shares
- -4,615
- Change %
- -7.4%
- Price
- $51.74
- Shares after
- 58,033
- Date
- 21 Sep 2021
- Ownership
- Direct
- Footnotes
- F4, F5, F6
PINS
transaction
Class A Common Stock
Sale
- Transaction value
- $71,045
- Shares
- -1,361
- Change %
- -2.3%
- Price
- $52.20
- Shares after
- 56,672
- Date
- 21 Sep 2021
- Ownership
- Direct
- Footnotes
- F4, F7, F8
PINS
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +2,962
- Change %
- +5.2%
- Price
- $0.000000
- Shares after
- 59,634
- Date
- 21 Sep 2021
- Ownership
- Direct
- Footnotes
- F9, F10, F11
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
- -3,390
- Change %
- -2.7%
- Price
- $0.000000
- Shares after
- 123,893
- Date
- 21 Sep 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,390
- Exercise price
- Footnotes
- F1, F2, F12
PINS
transaction
Derivative
Class B common stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -2,962
- Change %
- -2.4%
- Price
- $0.000000
- Shares after
- 120,931
- Date
- 21 Sep 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,962
- Exercise price
- Footnotes
- F1, F9, F10, F13
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 13 footnotes
Footnote F1
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.
Footnote F2
Represents the conversion of 3,390 shares of Class B Common Stock into 3,390 shares of Class A Common Stock in connection with sales to be effected to satisfy tax withholding and remittance obligations in connection with the vesting and settlement of previously reported Restricted Stock Units (RSUs), as described below.
Footnote F3
These securities consist of 8,235 shares of Class A Common Stock and an additional 54,413 previously reported Class A Restricted Stock Units (Class A RSUs). Each Class A RSU represents the Reporting Person's right to receive one share of Class A Common Stock, subject to vesting.
Footnote F4
Represents the number of shares required to be sold by the Reporting Person to cover tax withholding and remittance obligations in connection with the vesting and settlement of previously reported RSUs. This sale is mandated by the Company's election under its equity incentive plans to require the satisfaction of tax withholding and remittance obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
Footnote F5
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $51.3900 to $51.9900 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 F6
These securities consists of 3,620 shares of Class A Common Stock and an additional 54,413 previously reported Class A RSUs.
Footnote F7
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $52.0100 to $52.5100 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 F8
These securities consists of 2,259 shares of Class A Common Stock and an additional 54,413 previously reported Class A RSUs.
Footnote F9
Represents the conversion of 2,962 shares of Class B Common Stock into 2,962 shares of Class A Common Stock, in connection with the Reporting Person's irrevocable election to voluntarily convert all of the Reporting Person's Class B Common Stock into Class A Common Stock.
Footnote F10
This amendment to Form 4 is being filed to reflect the Reporting Person's irrevocable election, made on September 21, 2021, to voluntarily convert all of the Reporting Person's Class B Common Stock into Class A Common Stock, which had not been reflected in the original Form 4 filing due to an administrative error.
Footnote F11
These securities consist of 5,221 shares of Class A Common Stock and an additional 54,413 previously reported Class A RSUs.
Footnote F12
These securities consist of 2,962 shares of Class B Common Stock and an additional 120,931 previously reported Class B Restricted Stock Units (Class B RSUs). Each Class B RSU represents the Reporting Person's right to receive one share of Class B Common Stock, subject to vesting.
Footnote F13
These securities consist of 120,931 previously reported Class B RSUs.
SEC remarks
The Power of Attorney for Ms. Lily Yang is filed as an exhibit to the Form 3 filed by Ms. Yang with the Securities and Exchange Commission on April 17, 2019, which is hereby incorporated by reference.