Silbermann Benjamin's Form 4 filing
Pinterest, Inc. (PINS) · filed Dec 7, 2022
- Accession no.
- 0001506293-22-000159
- Filed
- Dec 7, 2022
- Trade date
- Dec 5-7, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 8 non-derivative transactions and 9 derivative transactions. Open-market sales total $10.5M. 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.
| Owner | Relationship to the company |
|---|---|
| Silbermann BenjaminCIK 0001773914 | Director, Officer (Executive Chairman, Co-F), 10% Owner |
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 |
|---|---|---|---|---|---|---|---|---|
| Dec 5, 2022 | Class A Common Stock | CConversionAcquired | +150,000 | $0.00 | $0 | 150,000 | Direct | |
| Dec 5, 2022 | Class A Common Stock | SSaleDisposed | −123,900 | $24.06 | −$2,981,034 | 26,100 | Direct | |
| Dec 5, 2022 | Class A Common Stock | SSaleDisposed | −26,100 | $24.61 | −$642,321 | 0 | Direct | |
| Dec 6, 2022 | Class A Common Stock | CConversionAcquired | +150,000 | $0.00 | $0 | 150,000 | Direct | |
| Dec 6, 2022 | Class A Common Stock | SSaleDisposed | −138,995 | $22.87 | −$3,178,815.65 | 11,005 | Direct | |
| Dec 6, 2022 | Class A Common Stock | SSaleDisposed | −11,005 | $23.74 | −$261,258.7 | 0 | Direct | |
| Dec 7, 2022 | Class A Common Stock | CConversionAcquired | +150,000 | $0.00 | $0 | 150,000 | Direct | |
| Dec 7, 2022 | Class A Common Stock | SSaleDisposed | −150,000 | $22.61 | −$3,391,500 | 0 | Direct |
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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 5, 2022 | Class B common stock | MOption exerciseDisposed | −150,000 | $0.00 | $0 | 1,721,112 | Direct | |
| Dec 5, 2022 | Class A Common Stock | MOption exerciseAcquired | +150,000 | $0.00 | $0 | 1,676,534 | Direct | |
| Dec 5, 2022 | Class A Common Stock | CConversionDisposed | −150,000 | $0.00 | $0 | 1,526,534 | Direct | |
| Dec 6, 2022 | Class B common stock | MOption exerciseDisposed | −150,000 | $0.00 | $0 | 1,571,112 | Direct | |
| Dec 6, 2022 | Class A Common Stock | MOption exerciseAcquired | +150,000 | $0.00 | $0 | 1,676,534 | Direct | |
| Dec 6, 2022 | Class A Common Stock | CConversionDisposed | −150,000 | $0.00 | $0 | 1,526,534 | Direct | |
| Dec 7, 2022 | Class B common stock | MOption exerciseDisposed | −150,000 | $0.00 | $0 | 1,421,112 | Direct | |
| Dec 7, 2022 | Class A Common Stock | MOption exerciseAcquired | +150,000 | $0.00 | $0 | 1,676,534 | Direct | |
| Dec 7, 2022 | Class A Common Stock | CConversionDisposed | −150,000 | $0.00 | $0 | 1,526,534 | Direct |
Footnotes
Livermore does not store Form 4 footnotes. For price ranges, how indirect holdings are held and trading plan details, read the original on SEC EDGAR.