Bruce Falck - May 20, 2022 Form 4 Insider Report for TWITTER, INC. (TWTR)

Role: General Manager of Revenue
Signature: /s/ Sean Edgett, Attorney-in-Fact
Stock symbol: TWTR
Transactions as of: May 20, 2022
Transactions value $: -$1,932,107
Form type: 4
Date filed: 5/24/2022, 06:41 PM
Previous filing: May 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TWTR	Common Stock	Options Exercise	$0	+30.2K	+8.72%	$0.00	376K	May 20, 2022	Direct	F1, F2
transaction	TWTR	Common Stock	Other	$0	+31K	+8.24%	$0.00	407K	May 20, 2022	Direct	F1, F2
transaction	TWTR	Common Stock	Tax liability	-$1.93M	-51.8K	-12.72%	$37.29	356K	May 20, 2022	Direct	F2, F3

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	TWTR	Restricted Stock Unit	Options Exercise	$0	-30.2K	-12.5%	$0.00	211K	May 20, 2022	Common Stock	30.2K		Direct	F4

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

Explanation of Responses:

Id	Content
F1	These RSUs are vested pursuant to the Issuer's Change of Control and Involuntary Termination Protection Policy.
F2	Of the reported shares, 302,932 shares are represented by RSUs.
F3	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.
F4	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Issuer Common Stock. The RSUs will vest based on the achievement of certain long-term performance targets through December 31, 2025, and within such period, subject to satisfying certain service based conditions.