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

Signature
/s/ William Solis, as Attorney-in-Fact for Patrick John Finn
Stock symbol
TWST
Transactions as of
Oct 4, 2021
Transactions value $
-$245,956
Form type
4
Date filed
10/6/2021, 04:35 PM
Previous filing
Sep 7, 2021
Next filing
Oct 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWST Common Stock Tax liability -$27.1K -257 -0.65% $105.50 39.6K Oct 4, 2021 Direct F1
transaction TWST Common Stock Options Exercise $3.16K +358 +0.9% $8.82 39.9K Oct 4, 2021 Direct
transaction TWST Common Stock Options Exercise $40.4K +1.52K +3.8% $26.66 41.4K Oct 4, 2021 Direct
transaction TWST Common Stock Options Exercise $19.3K +827 +2% $23.33 42.3K Oct 4, 2021 Direct
transaction TWST Common Stock Sale -$282K -2.7K -6.39% $104.27 39.6K Oct 4, 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 -2.29% $0.00 15.3K Oct 4, 2021 Common Stock 358 $8.82 Direct F3
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -1.52K -3.85% $0.00 37.9K Oct 4, 2021 Common Stock 1.52K $26.66 Direct F4
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -827 -3.84% $0.00 20.7K Oct 4, 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.