Emily M. Leproust - 04 Oct 2021 Form 4 Insider Report for Twist Bioscience Corp (TWST)

Signature
/s/ William Solis, as Attorney-in-Fact for Emily M. Leproust
Issuer symbol
TWST
Transactions as of
04 Oct 2021
Net transactions value
-$69,736
Form type
4
Filing time
06 Oct 2021, 16:35:23 UTC
Previous filing
13 Sep 2021
Next filing
08 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWST Common Stock Gift $0 -1,200 -0.55% $0.000000 217,943 15 Sep 2021 Direct
transaction TWST Common Stock Gift $0 -1,200 -0.55% $0.000000 216,743 15 Sep 2021 Direct
transaction TWST Common Stock Gift $0 -1,200 -0.55% $0.000000 215,543 15 Sep 2021 Direct
transaction TWST Common Stock Gift $0 -1,200 -0.56% $0.000000 214,343 15 Sep 2021 Direct
transaction TWST Common Stock Gift $0 -1,200 -0.56% $0.000000 213,143 15 Sep 2021 Direct
transaction TWST Common Stock Gift $0 -20,000 -9.4% $0.000000 193,143 15 Sep 2021 Direct
transaction TWST Common Stock Gift $0 -20,000 -10% $0.000000 173,143 15 Sep 2021 Direct
transaction TWST Common Stock Tax liability $69,736 -661 -0.38% $105.50 172,482 04 Oct 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
holding TWST Employee Stock Option (right to buy) 266,539 04 Oct 2021 Common Stock 0 $26.66 Direct F2
holding TWST Employee Stock Option (right to buy) 131,290 04 Oct 2021 Common Stock 0 $23.33 Direct F3
holding TWST Employee Stock Option (right to buy) 186,672 04 Oct 2021 Common Stock 0 $8.82 Direct F4
holding TWST Employee Stock Option (right to buy) 70,693 04 Oct 2021 Common Stock 0 $5.95 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 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.
F3 25% of the shares subject to the option vested on October 24, 2020, 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 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.
F5 The option is immediately exercisable. 25% of the shares subject to the option vested on September 1, 2016 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.