Gavini Naveen's Form 4/A amendment
AmendedPinterest, Inc. (PINS) · filed Jul 20, 2021
- Accession no.
- 0001506293-21-000171
- Filed
- Jul 20, 2021
- Trade date
- Jun 11, 2021
- Filing delay
- 39 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Jun 16, 2021
This filing lists 1 non-derivative transaction. Open-market sales total $597.3K. It was filed 39 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Gavini NaveenCIK 0001849734 | Officer (SVP, Products) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 11, 2021 | Class A Common Stock | SSaleDisposed | −8,742 | $68.33F2 | −$597,340.86 | 639,564 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $67.9650 to $68.9400 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.
Referenced by the price of 1 transaction in Table I.
- F3
These securities consist of 57,900 shares of Class A Common Stock and 581,664 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs.
- F4
This amendment is to correct a previous Form 4 which inadvertently reported a conversion of shares hold from Class B shares to Class A shares. However, the sale was of Class A shares already held by the Reporting Person.
Remarks
The Power of Attorney for Mr. Naveen Gavini is filed as an exhibit to the Form 3 filed by Mr. Gavini with the Securities and Exchange Commission on March 8, 2021, which is hereby incorporated by reference.