Patrick Weiss - Dec 14, 2021 Form 4 Insider Report for Twist Bioscience Corp (TWST)

Signature
/s/ William Solis, as Attorney-in-Fact for Patrick Weiss
Stock symbol
TWST
Transactions as of
Dec 14, 2021
Transactions value $
-$161,966
Form type
4
Date filed
12/16/2021, 03:35 PM
Previous filing
Nov 29, 2021
Next filing
Dec 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWST Common Stock Options Exercise $52.6K +1.97K +4.16% $26.66 49.5K Dec 14, 2021 Direct
transaction TWST Common Stock Options Exercise $20.7K +827 +1.67% $25.02 50.3K Dec 14, 2021 Direct
transaction TWST Common Stock Sale -$235K -2.8K -5.57% $84.00 47.5K Dec 14, 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 -1.97K -4% $0.00 47.4K Dec 14, 2021 Common Stock 1.97K $26.66 Direct F2
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -827 -4% $0.00 19.9K Dec 14, 2021 Common Stock 827 $25.02 Direct F3
* 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 August 11, 2021.
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 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.