James M. Thorburn - Mar 3, 2022 Form 4 Insider Report for Twist Bioscience Corp (TWST)

Signature
/s/ William Solis, as Attorney-in-Fact for James M. Thorburn
Stock symbol
TWST
Transactions as of
Mar 3, 2022
Transactions value $
-$97,000
Form type
4
Date filed
3/7/2022, 03:35 PM
Previous filing
Feb 23, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWST Common Stock Options Exercise $40.4K +1.52K +3.22% $26.66 48.7K Mar 3, 2022 Direct
transaction TWST Common Stock Options Exercise $46.7K +2K +4.11% $23.33 50.7K Mar 3, 2022 Direct
transaction TWST Common Stock Sale -$109K -2.11K -4.16% $51.96 48.6K Mar 3, 2022 Direct F1, F2
transaction TWST Common Stock Sale -$65K -1.23K -2.53% $52.81 47.3K Mar 3, 2022 Direct F1, F3
transaction TWST Common Stock Sale -$9.66K -180 -0.38% $53.68 47.1K Mar 3, 2022 Direct F1, F4

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 -1.52K -3.62% $0.00 40.4K Mar 3, 2022 Common Stock 1.52K $26.66 Direct F5
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -2K -7.21% $0.00 25.7K Mar 3, 2022 Common Stock 2K $23.33 Direct F6
* 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 24, 2021.
F2 Represents the weighted average sales price per share. The shares sold at prices ranging from $51.46 to $52.42 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F3 Represents the weighted average sales price per share. The shares sold at prices ranging from $52.47 to $53.35 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F4 Includes shares that were acquired under the Issuer's Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)
F5 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.
F6 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.