Todd R. Morgenfeld - 13 Jul 2023 Form 4 Insider Report for PINTEREST, INC. (PINS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
07 Aug 2023, 16:49:37 UTC
Prior SEC filing
29 Jun 2023
Next SEC filing
07 Sep 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Monifa Clayton, Attorney-in-Fact

Key filing fact

Todd R. Morgenfeld filed Form 4 for PINTEREST, INC. (PINS) on 07 Aug 2023.

Key facts

  • This page summarizes Todd R. Morgenfeld's Form 4 filing for PINTEREST, INC. (PINS).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 07 Aug 2023, 16:49.

Change

  • Previous filing in this sequence was filed on 29 Jun 2023.
  • Current net transaction value: -$5,011,386.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PINS transaction

Common Stock

Tax liability

Transaction value
$0
Shares
-202,500
Change %
-53%
Price
$0.000000
Shares after
182,115
Date
13 Jul 2023
Ownership
Direct
Footnotes
F1, F2
PINS transaction

Class A Common Stock

Sale

Transaction value
$5,011,386
Shares
-182,115
Change %
-100%
Price
$27.52
Shares after
0
Date
03 Aug 2023
Ownership
Direct
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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 previously reported RSAs.

Footnote F2

The reporting person's previously held 384,615 RSAs vested and converted into 384,615 shares of Class A common stock on 7/13/23, of which 202,500 shares were withheld by the Company to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of previously reported RSAs. The withholding of said 202,500 shares was not reported due to an administrative error.

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 $27.3700 to $27.6950 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.

SEC remarks

The Power of Attorney for Mr. Todd Morgenfeld is filed as an exhibit to the Form 3 filed by Mr. Morgenfeld with the Securities and Exchange Commission on April 17, 2019, which is hereby incorporated by reference.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .