| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TWTR | Common Stock | Award | $0 | +3.87K | +38.33% | $0.00 | 14K | May 27, 2021 | See Footnote | F1, F3 |
| transaction | TWTR | Common Stock | Award | $60K | +1.03K | +7.39% | $58.08 | 15K | May 27, 2021 | See Footnote | F2, F3 |
| Id | Content |
|---|---|
| F1 | Represents a grant under the Outside Director Compensation Policy of Twitter, Inc. (the "Issuer") of restricted stock units, which will vest in quarterly installments beginning the first quarter following the date of grant (on the same day of the month as the date of grant) but will vest in full on the date of the next annual meeting of stockholders if not fully vested on such date, subject to continued service through each vesting date. |
| F2 | Represents restricted stock units awarded pursuant to Mr. Durban's election to receive his cash retainer fees in the form of additional restricted stock units. Such restricted stock units will vest in quarterly installments beginning the first quarter following the date of grant (on the same day of the month as the date of grant) but will vest in full on the date of the next annual meeting of stockholders if not fully vested on such date, subject to continued service through each vesting date. |
| F3 | These securities are held by Mr. Durban for the benefit of Silver Lake Technology Management, L.L.C., certain of its affiliates, and certain of the funds they manage ("Silver Lake"). Mr. Durban serves as a director of the Issuer. Pursuant to Mr. Durban's arrangement with Silver Lake with respect to director compensation, upon the sale of these securities, the proceeds from such sale(s) are expected to be remitted to Silver Lake and/or its limited partners. Mr. Durban, through his role at Silver Lake and its affiliates, may be deemed to have an indirect interest in the securities reported herein. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that Mr. Durban is the beneficial owner of all securities covered by this filing, and Mr. Durban disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any. |