| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TW | Class A common stock | Options Exercise | $3.16M | +154K | +32.46% | $20.59* | 627K | Nov 3, 2021 | Direct | F1, F2 |
| transaction | TW | Class A common stock | Sale | -$3.97M | -43.8K | -6.98% | $90.82 | 583K | Nov 3, 2021 | Direct | F1, F2, F3 |
| transaction | TW | Class A common stock | Sale | -$6.07M | -66.1K | -11.34% | $91.76 | 517K | Nov 3, 2021 | Direct | F1, F2, F4 |
| transaction | TW | Class A common stock | Sale | -$4.06M | -43.8K | -8.46% | $92.68 | 473K | Nov 3, 2021 | Direct | F1, F2, F5 |
| transaction | TW | Class A common stock | Options Exercise | $2.37M | +115K | +24.35% | $20.59* | 589K | Nov 4, 2021 | Direct | F1, F2 |
| transaction | TW | Class A common stock | Sale | -$9.17M | -99K | -16.82% | $92.56 | 490K | Nov 4, 2021 | Direct | F1, F2, F6 |
| transaction | TW | Class A common stock | Sale | -$1.52M | -16.3K | -3.32% | $93.18 | 473K | Nov 4, 2021 | Direct | F1, F2, F7 |
| holding | TW | Class A common stock | 20K | Nov 3, 2021 | See footnote | F8 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TW | Stock Option (Right to Buy) | Options Exercise | $0 | -154K | -28.01% | $0.00 | 395K | Nov 3, 2021 | Class A common stock | 154K | $20.59 | Direct | F1, F9 |
| transaction | TW | Stock Option (Right to Buy) | Options Exercise | $0 | -115K | -29.19% | $0.00 | 280K | Nov 4, 2021 | Class A common stock | 115K | $20.59 | Direct | F1, F9 |
| Id | Content |
|---|---|
| F1 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2021. |
| F2 | This amount includes (i) 298,526 unvested restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") which are scheduled to vest on January 1, 2022, (ii) 34,302 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of March 17, 2022 and March 17, 2023, (iii) 102,906 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, and (iv) 29,665 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of the first, second and third anniversaries of March 15, 2021, in each case subject to the reporting person's continued employment through the applicable vesting date. |
| F3 | The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.28 to $91.26, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, 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 ranges set forth in footnotes 3, 4, 5, 6 and 7 to this Form 4. |
| F4 | The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.29 to $92.26, inclusive. |
| F5 | The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.30 to $92.85, inclusive. |
| F6 | The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.95 to $92.94, inclusive. |
| F7 | The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.95 to $93.53, inclusive. |
| F8 | The reporting person owns these securities through The Lee Olesky 2019 Family Trust U/A/D March 21, 2019 ("The Family Trust"). The reporting person and his wife, as the co-trustees of The Family Trust, share the power to vote and invest the securities, but each disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein. |
| F9 | The option is fully vested and exercisable as of the date hereof. |