Ned D. Segal - Jun 1, 2021 Form 4 Insider Report for TWITTER, INC. (TWTR)

Signature
/s/ Sean Edgett, Attorney-in-Fact
Stock symbol
TWTR
Transactions as of
Jun 1, 2021
Transactions value $
-$998,528
Form type
4
Date filed
6/3/2021, 07:43 PM
Previous filing
May 21, 2021
Next filing
Jun 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWTR Common Stock Tax liability -$999K -17.2K -2.63% $58.00 637K Jun 1, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F2 Of the reported shares, 304,097 shares are represented by RSUs.