William Banyai - 19 May 2023 Form 4 Insider Report for Twist Bioscience Corp (TWST)

Signature
/s/ Alyssa Zhang, as Attorney-in-Fact for William Banyai
Issuer symbol
TWST
Transactions as of
19 May 2023
Net transactions value
-$8,795
Form type
4
Filing time
23 May 2023, 16:10:34 UTC
Previous filing
26 Apr 2023
Next filing
21 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWST Common Stock Tax liability $8,795 -675 -0.25% $13.03 270,113 19 May 2023 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) Award $0 +23,355 $0.000000 23,355 01 Sep 2020 Common Stock 23,355 $67.85 Direct F2
* 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 Represents performance stock options granted to the reporting person on September 1, 2020, that vested and became exercisable on December 19, 2022 as a result of the reporting person having met the applicable performance criteria.

Remarks:

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