Patrick John Finn - 02 Sep 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
02 Sep 2021
Net transactions value
-$255,914
Form type
4
Filing time
07 Sep 2021, 17:26:35 UTC
Previous filing
26 Aug 2021
Next filing
06 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWST Common Stock Options Exercise $3,158 +358 +0.9% $8.82 40,181 02 Sep 2021 Direct
transaction TWST Common Stock Options Exercise $40,443 +1,517 +3.8% $26.66 41,698 02 Sep 2021 Direct
transaction TWST Common Stock Options Exercise $19,294 +827 +2% $23.33 42,525 02 Sep 2021 Direct
transaction TWST Common Stock Sale $318,809 -2,702 -6.4% $117.99* 39,823 02 Sep 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 -358 -2.2% $0.000000 15,625 02 Sep 2021 Common Stock 358 $8.82 Direct F2
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -1,517 -3.7% $0.000000 39,442 02 Sep 2021 Common Stock 1,517 $26.66 Direct F3
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -827 -3.7% $0.000000 21,513 02 Sep 2021 Common Stock 827 $23.33 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 September 3, 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 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.
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.