Silver Lake Partners V DE (AIV V), L.P. - Dec 6, 2021 Form 3 Insider Report for TWITTER, INC. (TWTR)

Role
Director
Signature
By: /s/ Egon Durban, Co-CEO of Silver Lake Group, L.L.C., managing member of SLTA V (GP), L.L.C., general partner of Silver Lake Technology Associates V, L.P., general partner of Silver Lake Partners V DE (AIV V), L.P.
Stock symbol
TWTR
Transactions as of
Dec 6, 2021
Transactions value $
$0
Form type
3
Date filed
12/8/2021, 07:24 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TWTR Common Stock 1.38M Dec 6, 2021 Direct F1, F3, F4
holding TWTR Common Stock 16.8K Dec 6, 2021 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities held by Silver Lake Partners V DE (AIV V), L.P. ("SLP V"). As of December 8, 2021, the date of filing of this Form 3, and as reported in a Form 4 filed on the date hereof, SLP V owns 2,074,800 shares of common stock of the Issuer.
F2 Represents securities held by Silver Lake Technology Investors V, L.P. ("SLTI V"). As of December 8, 2021, the date of filing of this Form 3, and as reported in a Form 4 filed on the date hereof, SLTI V owns 25,200 shares of common stock of the Issuer.
F3 Silver Lake Technology Associates V, L.P. ("SLTA V") is the general partner of each of SLP V and SLTI V. SLTA V (GP), L.L.C. ("SLTA V GP") is the general partner of SLTA V. Silver Lake Group, L.L.C. ("SLG") is the managing member of SLTA V GP. Mr. Egon Durban serves as a member of the board of directors of Twitter Inc. (the "Issuer") and is Co-CEO and a Managing Member of SLG. Each of SLP V, SLTI V, SLTA V, SLTA V GP and SLG may be deemed to be a director by deputization of the Issuer.
F4 Not included on this Form 3 are an aggregate of $1 billion principal amount of 0.375% Convertible Senior Notes due 2025 held by affiliates of the Reporting Persons. SLTA, STLA GP, SLG and Mr. Egon Durban have separately filed a Form 4 in connection with the acquisition of the shares of Common Stock described in this Form.

Remarks:

The Reporting Persons are jointly filing this Form 3 pursuant to Rule 16a-3(j) under the Exchange Act. This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, or are subject to Section 16 of the Exchange Act, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.