Evan Sharp - 20 Jul 2023 Form 4 Insider Report for PINTEREST, INC. (PINS)

Role: Director
Signature: Monifa Clayton, Attorney-in-Fact
Issuer symbol: PINS
Transactions as of: 20 Jul 2023
Transactions value $: -$1,748,156
Form type: 4
Filing time: 24 Jul 2023, 17:03:41 UTC
Previous filing: 19 Jul 2023
Next filing: 31 Jul 2023
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PINS	Class B common stock	Tax liability	-$1,748,155	-61,425	-5.36%	$28.46	1,084,907	20 Jul 2023	Class A Common Stock	61,425		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of Class B common stock, par value $0.00001 (Class B Common Stock) is convertible at any time at the option of the holder into one share of the Company's Class A common stock, par value $0.00001 (Class A Common Stock). Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer.
F2	Represents shares of Class B 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 Units (RSUs) previously reported.
F3	These securities consists 734,906 shares of Class B Common Stock and 350,001 previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting.

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.