William Banyai - Oct 13, 2021 Form 4 Insider Report for Twist Bioscience Corp (TWST)

Role
Senior Vice President of Advanced Development and General Manager of Data Storage, Director
Signature
/s/ William Solis, as Attorney-in-Fact for William Banyai
Stock symbol
TWST
Transactions as of
Oct 13, 2021
Transactions value $
$200,246
Form type
4
Date filed
10/15/2021, 04:35 PM
Previous filing
Oct 6, 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 Options Exercise $100K +16.8K +5.64% $5.95 315K Oct 13, 2021 Direct
transaction TWST Common Stock Options Exercise $100K +11.3K +3.6% $8.82 326K Oct 13, 2021 Direct

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 +16.8K +25% $0.00 84.2K Oct 13, 2021 Common Stock 16.8K $5.95 Direct F1
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 +11.3K +8.74% $0.00 141K Oct 13, 2021 Common Stock 11.3K $8.82 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 anniversarythereafter, subject to the Reporting Person's continuous service through each vesting date.
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, and1/48th 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.

Remarks:

Senior Vice President of Advanced Development and General Manager of Data Storage