Patrick John Finn - 01 Jul 2021 Form 4 Insider Report for Twist Bioscience Corp (TWST)

Signature
/s/ William Solis, as Attorney-in-Fact for Patrick John Finn
Issuer symbol
TWST
Transactions as of
01 Jul 2021
Net transactions value
-$326,749
Form type
4
Filing time
06 Jul 2021, 19:27:44 UTC
Previous filing
04 Jun 2021
Next filing
27 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWST Common Stock Tax liability $33,790 -257 -0.62% $131.48* 41,155 01 Jul 2021 Direct F1
transaction TWST Common Stock Options Exercise $3,158 +358 +0.87% $8.82 41,513 02 Jul 2021 Direct
transaction TWST Common Stock Options Exercise $40,443 +1,517 +3.7% $26.66 43,030 02 Jul 2021 Direct
transaction TWST Common Stock Options Exercise $19,294 +827 +1.9% $23.33 43,857 02 Jul 2021 Direct
transaction TWST Common Stock Sale $355,853 -2,702 -6.2% $131.70* 41,155 02 Jul 2021 Direct F2

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 -358 -2.1% $0.000000 16,341 02 Jul 2021 Common Stock 358 $8.82 Direct F3
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -1,517 -3.4% $0.000000 42,476 02 Jul 2021 Common Stock 1,517 $26.66 Direct F4
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -827 -3.4% $0.000000 23,167 02 Jul 2021 Common Stock 827 $23.33 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person. Such withholding is exempt from Section 16(b) pursuant to Rule 16b-3(e).
F2 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on September 3, 2020.
F3 The option is immediately exercisable. 10% of the shares subject to the option vested on September 28, 2017, 15% of the shares subject to the option vest on September 28, 2018, and 1/48th of the shares subject to the option vest on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
F4 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.
F5 25% of the shares subject to the option vested and became exercisable on October 24, 2020, and 1/48th 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.