Patrick Weiss - 18 Aug 2021 Form 4 Insider Report for Twist Bioscience Corp (TWST)

Signature
/s/ William Solis, as Attorney-in-Fact for Patrick Weiss
Issuer symbol
TWST
Transactions as of
18 Aug 2021
Net transactions value
-$384,449
Form type
4
Filing time
20 Aug 2021, 16:33:37 UTC
Previous filing
27 Jul 2021
Next filing
24 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWST Common Stock Options Exercise $18,557 +2,104 +4.2% $8.82 52,564 18 Aug 2021 Direct
transaction TWST Common Stock Options Exercise $52,627 +1,974 +3.8% $26.66 54,538 18 Aug 2021 Direct
transaction TWST Common Stock Options Exercise $20,692 +827 +1.5% $25.02 55,365 18 Aug 2021 Direct
transaction TWST Common Stock Sale $476,325 -4,905 -8.9% $97.11 50,460 18 Aug 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 -2,104 -33% $0.000000 4,209 18 Aug 2021 Common Stock 2,104 $8.82 Direct F2
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -1,974 -3.4% $0.000000 55,272 18 Aug 2021 Common Stock 1,974 $26.66 Direct F3
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -827 -3.4% $0.000000 23,167 18 Aug 2021 Common Stock 827 $25.02 Direct F4
* 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 15, 2020.
F2 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 vested 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.
F3 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.
F4 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.