James M. Thorburn - 28 May 2021 Form 4 Insider Report for Twist Bioscience Corp (TWST)

Signature
/s/ William Solis, as Attorney-in-Fact for James M. Thorburn
Issuer symbol
TWST
Transactions as of
28 May 2021
Net transactions value
-$500,040
Form type
4
Filing time
02 Jun 2021, 16:30:20 UTC
Previous filing
24 May 2021
Next filing
10 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWST Common Stock Options Exercise $159,960 +6,000 +13% $26.66 52,732 28 May 2021 Direct
transaction TWST Common Stock Sale $660,000 -6,000 -11% $110.00 46,732 28 May 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -6,000 -11% $0.000000 48,415 28 May 2021 Common Stock 6,000 $26.66 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on December 16, 2020.
F2 20% of the shares subject to the option vested and became exercisable on October 31, 2019 and 1/60th of the shares subject to the option vest and become exercisable on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.