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PINS Pinterest Inc

40.43
-0.07 (-0.17%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pinterest Inc NYSE:PINS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.07 -0.17% 40.43 41.14 40.16 40.68 9,685,456 01:00:00

Statement of Changes in Beneficial Ownership (4)

07/08/2020 12:36am

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Rajaram Gokul
2. Issuer Name and Ticker or Trading Symbol

PINTEREST, INC. [ PINS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

C/O PINTEREST, INC., 505 BRANNAN STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

8/4/2020
(Street)

SAN FRANCISCO, CA 94107
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 8/4/2020  A  960 (1)A$0 3426 I Rajaram Family Revocable Trust 
Class A Common Stock         33232 (2)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) As a result of the pro rate distributions made by Andreessen Horowitz Fund II, L.P., as nominee, on August 4, 2020, the Rajaram Family Revocable Trust received 960 shares of the Company's Class A common stock, par value $0.00001 (Class A Common Stock).
(2) These securities consist of 33,232 previously reported Restricted Stock Units (RSUs). Each RSU represents Mr. Rajaram's right to receive one share of Class A Common Stock, subject to vesting.

Remarks:
The Power of Attorney for Mr. Rajaram is filed as an exhibit to the Form 3 filed by Mr. Rajaram with the Securities and Exchange Commission on March 2, 2020, which is hereby incorporated by reference.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Rajaram Gokul
C/O PINTEREST, INC.
505 BRANNAN STREET
SAN FRANCISCO, CA 94107
X



Signatures
Monifa Clayton, Attorney-in-Fact8/6/2020
**Signature of Reporting PersonDate

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