Naveen Gavini - Jun 20, 2023 Form 4 Insider Report for PINTEREST, INC. (PINS)

Role
SVP, Products
Signature
Monifa Clayton, Attorney-in-Fact
Stock symbol
PINS
Transactions as of
Jun 20, 2023
Transactions value $
-$721,208
Form type
4
Date filed
6/22/2023, 04:04 PM
Previous filing
Jun 14, 2023
Next filing
Jul 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINS Class A Common Stock Tax liability -$721K -28.6K -8.73% $25.21 299K Jun 20, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Restricted Stock Awards (RSAs).
F2 These securities consist of 126,115 shares of Class A Common Stock and 173,076 previously reported RSAs, subject to certain restrictions. Each RSA represents the Reporting Person's right to receive one share of Class A common stock, subject to vesting.

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.