Matthew Madrigal - Mar 1, 2025 Form 4 Insider Report for PINTEREST, INC. (PINS)

Signature
Jacquie Katzel, Attorney-in-Fact
Stock symbol
PINS
Transactions as of
Mar 1, 2025
Transactions value $
-$123,624
Form type
4
Date filed
3/4/2025, 07:40 PM
Previous filing
Feb 21, 2025
Next filing
Apr 14, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINS Class A Common Stock Award $0 +6.64K +1.74% $0.00 387K Mar 1, 2025 Direct F1, F2
transaction PINS Class A Common Stock Tax liability -$124K -3.34K -0.86% $36.98 384K Mar 1, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares issuable upon the vesting of performance-based restricted stock units ("PSUs") granted on August 12, 2024, which vesting was subject to certain pre-established financial goals set by the Compensation Committee of the Issuer's Board of Directors (the "Compensation Committee") for fiscal year 2024. Based on the Compensation Committee's determination of the achievement of these goals, 141% of the PSUs granted were earned and vested on March 1, 2025.
F2 Includes restricted stock units subject to vesting requirements.
F3 Represents shares of Class A Common Stock that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of the PSUs.