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Sharp Evan's Form 4 filing

Pinterest, Inc. (PINS) · filed Nov 19, 2021

Accession no.
0001506293-21-000238
Filed
Nov 19, 2021
Trade date
Nov 17, 2021
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 6 non-derivative transactions and 9 derivative transactions. Open-market sales total $5.01M. It was filed 2 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.

Reporting owners on this filing
OwnerRelationship to the company
Sharp EvanCIK 0001773871Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 17, 2021Class A Common StockCConversionAcquired+62,649$0.00$062,649Indirect
Nov 17, 2021Class A Common StockSSaleDisposed−62,649$48.36F4−$3,029,705.640Indirect
Nov 17, 2021Class A Common StockCConversionAcquired+31,869$0.00$031,869Indirect
Nov 17, 2021Class A Common StockSSaleDisposed−31,869$48.36F4−$1,541,184.840Indirect
Nov 17, 2021Class A Common StockCConversionAcquired+8,985$0.00$08,985Indirect
Nov 17, 2021Class A Common StockSSaleDisposed−8,985$48.36F4−$434,514.60Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Nov 17, 2021Class B common stockMOption exerciseDisposed−62,649$0.00$01,002,371Indirect
Nov 17, 2021Class A Common StockMOption exerciseAcquired+62,649$0.00$062,649Indirect
Nov 17, 2021Class A Common StockCConversionDisposed−62,649$0.00$00Indirect
Nov 17, 2021Class B common stockMOption exerciseDisposed−31,869$0.00$0509,900Indirect
Nov 17, 2021Class A Common StockMOption exerciseAcquired+31,869$0.00$031,869Indirect
Nov 17, 2021Class A Common StockCConversionDisposed−31,869$0.00$00Indirect
Nov 17, 2021Class B common stockMOption exerciseDisposed−8,985$0.00$0143,735Indirect
Nov 17, 2021Class A Common StockMOption exerciseAcquired+8,985$0.00$08,985Indirect
Nov 17, 2021Class A Common StockCConversionDisposed−8,985$0.00$00Indirect

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.

F4

The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $47.8900 to $48.6000 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 3 transactions in Table I.

Remarks

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

Read the full filing on SEC EDGAR (opens in a new tab)