Sarah Personette - Nov 1, 2021 Form 4 Insider Report for TWITTER, INC. (TWTR)

Role
Customers Lead
Signature
/s/ Sean Edgett, Attorney-in-Fact
Stock symbol
TWTR
Transactions as of
Nov 1, 2021
Transactions value $
-$980,855
Form type
4
Date filed
11/3/2021, 08:08 PM
Previous filing
Oct 12, 2021
Next filing
Jan 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWTR Common Stock Tax liability -$190K -3.55K -0.99% $53.54 356K Nov 1, 2021 Direct F1, F2
transaction TWTR Common Stock Sale -$515K -9.54K -2.68% $53.95 346K Nov 1, 2021 Direct F2, F3, F4
transaction TWTR Common Stock Sale -$276K -5.05K -1.46% $54.68 341K Nov 1, 2021 Direct F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported as disposed of were withheld by the Issuer in order to cover withholding taxes in connection with the vesting of restricted stock units, or RSUs. These shares were not issued to or sold by the Reporting Person.
F2 Of the reported shares, 247,935 shares are represented by RSUs.
F3 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.
F4 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $53.45 to $54.41 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.
F5 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $54.45 to $54.87 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.