Robert F. Werner - Nov 4, 2024 Form 4 Insider Report for Twist Bioscience Corp (TWST)

Role: Chief Accounting Officer
Signature: /s/ Dennis Cho, as Attorney-in-Fact for Robert F. Werner
Stock symbol: TWST
Transactions as of: Nov 4, 2024
Transactions value $: -$6,484
Form type: 4
Date filed: 11/6/2024, 05:05 PM
Previous filing: Sep 10, 2024
Next filing: Nov 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TWST	Common Stock	Award	$0	+8.5K	+21.95%	$0.00	47.2K	Nov 4, 2024	Direct	F1
transaction	TWST	Common Stock	Sale	-$6.48K	-156	-0.33%	$41.56	47.1K	Nov 4, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents performance stock units for which target criteria was determined to have been met on November 4, 2024. 60% of the PSUs remain subject to time-based vesting and will vest on October 1,2025, subject to continued service or acceleration of vesting as provided in the award agreement.
F2	Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.

Content

Represents performance stock units for which target criteria was determined to have been met on November 4, 2024. 60% of the PSUs remain subject to time-based vesting and will vest on October 1,2025, subject to continued service or acceleration of vesting as provided in the award agreement.

Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.