Sec Form 4 Filing - Gavini Naveen @ PINTEREST, INC. - 2021-07-12

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Gavini Naveen 2. Issuer Name and Ticker or Trading Symbol PINTEREST, INC. [ PINS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) SVP, Products (Last) (First) (Middle) 505 BRANNAN ST. 3. Date of Earliest Transaction (MM/DD/YY) 07/12/2021 (Street) SAN FRANCISCO, CA94107 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 627,928 ( 1 ) D Class A Common Stock 07/12/2021 S( 2 ) 10,573 D $ 73.5061 ( 3 ) 617,355 ( 4 ) D Class A Common Stock 07/12/2021 S( 2 ) 2,684 D $ 74.4706 ( 5 ) 614,671 ( 6 ) D Class A Common Stock 07/12/2021 S( 2 ) 2,466 D $ 75.2996 ( 7 ) 612,205 ( 8 ) D Class A Common Stock 07/12/2021 S( 2 ) 568 D $ 76.5018 ( 9 ) 611,637 ( 10 ) D Class A Common Stock 07/12/2021 S( 2 ) 510 D $ 77.346 ( 11 ) 611,127 ( 12 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (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) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Class B common stock ( 13 ) ( 13 ) ( 13 ) Class A Common Stock 82,593 82,593 ( 14 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Gavini Naveen 505 BRANNAN ST. SAN FRANCISCO, CA94107 SVP, Products Signatures Monifa Clayton, Attorney-in-Fact 07/14/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )These securities consist of 85,501 shares of Class A Common Stock and 542,427 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs). ( 2 )The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. ( 3 )The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $73.1400 to $73.9900 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. ( 4 )These securities consist of 74,928 shares of Class A Common Stock and 542,427 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs. ( 5 )The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $74.0600 to $74.7500 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. ( 6 )These securities consist of 72,244 shares of Class A Common Stock and 542,427 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs. ( 7 )The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $75.0000 to $75.9000 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. ( 8 )These securities consist of 69,778 shares of Class A Common Stock and 542,427 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs. ( 9 )The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $76.4300 to $76.5800 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. ( 10 )These securities consist of 69,210 shares of Class A Common Stock and 542,427 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as RSAs. ( 11 )The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $77.2200 to $77.4900 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. ( 12 )These securities consist of 68,700 shares of Class A Common Stock and 542,427 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs). ( 13 )Each share of 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. 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. ( 14 )These securities consists of 82,593 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock.

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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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