Robert Kaiden - Aug 2, 2021 Form 4 Insider Report for TWITTER, INC. (TWTR)

Signature
/s/ Sean Edgett, Attorney-in-Fact
Stock symbol
TWTR
Transactions as of
Aug 2, 2021
Transactions value $
-$720,768
Form type
4
Date filed
8/3/2021, 07:38 PM
Previous filing
May 19, 2021
Next filing
Aug 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWTR Common Stock Sale -$721K -10.4K -7.2% $69.00 135K Aug 2, 2021 See footnote F1, F2, F3, F4
* 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 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $68.93 to $69.12 per share. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Of the reported shares, 117,927 shares are represented by RSUs.
F4 2,073 shares are held in a trust pursuant to the Kaiden Family Trust Agreement, for which the Reporting Person serves as trustee.