| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TW | Class A common stock | Award | $0 | +59.3K | +33.92% | $0.00 | 234K | Feb 24, 2022 | Direct | F1, F2 |
| holding | TW | Class A common stock | 20K | Feb 24, 2022 | See Footnote | F3 |
| 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) | Award | $0 | +845K | $0.00 | 845K | Feb 24, 2022 | Class A common stock | 845K | $20.59 | Direct | F4, F5 |
| Id | Content |
|---|---|
| F1 | The reported transaction reflects the acquisition of performance-based restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") that were granted to the reporting person on March 15, 2021, subject to the achievement of certain performance goals in respect of calendar year 2021. Those performance goals were deemed achieved at the maximum performance level on February 24, 2022. These RSUs remain unvested and are scheduled to vest on January 1, 2024, subject to the reporting person's continued employment through such date. |
| F2 | This amount includes (i) 34,302 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, (ii) 102,906 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, (iii) 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, and (iv) 59,330 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2024, in each case subject to the reporting person's continued employment through the applicable vesting date. |
| F3 | 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. |
| F4 | The reported transaction reflects the acquisition of options that were granted to the reporting person on October 26, 2018, subject to the achievement of certain performance goals in respect of calendar year 2021 which were deemed achieved on February 24, 2022. |
| F5 | The option is fully vested and exercisable as of the date hereof. |