Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TW | Class A common stock | Tax liability | -$163K | -1.87K | -2.63% | $87.43 | 69K | Mar 16, 2022 | Direct | F1, F2 |
transaction | TW | Class A common stock | Award | $0 | +5 | +0.01% | $0.00 | 69K | Mar 16, 2022 | Direct | F2, F3 |
transaction | TW | Class A common stock | Sale | -$133K | -1.51K | -2.19% | $88.03 | 67.5K | Mar 18, 2022 | Direct | F2, F4, F5 |
Id | Content |
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F1 | Represents shares withheld by the issuer to satisfy the tax withholding obligation associated with the settlement of restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") held by the reporting person. |
F2 | This amount includes (i) 4,288 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on March 17, 2023, (ii) 25,726 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, (iii) 6,742 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of March 15, 2023 and March 15, 2024, (iv) 14,832 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2024, and (v) 9,613 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on the first, second and third anniversaries of March 15, 2022, in each case subject to the reporting person's continued employment through the applicable vesting date. |
F3 | Represents shares of Class A Common Stock acquired in connection with the settlement of certain dividend equivalent rights (the "DERs"). The DERs were granted in connection with previously awarded RSUs, and settled in shares of Class A Common Stock in connection with the settlement of the RSUs to which they relate. |
F4 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2021. |
F5 | The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.8813 to $88.33, 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 range set forth in this footnote 5 to this Form 4. |