Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TW | Class A common stock | Award | $0 | +18.7K | +24.89% | $0.00 | 93.8K | Mar 15, 2023 | Direct | F1, F2 |
transaction | TW | Class A common stock | Sale | -$716K | -9.82K | -10.48% | $72.85 | 83.9K | Mar 16, 2023 | Direct | F2, F3, F4 |
Id | Content |
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F1 | The reported transaction is an award of restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock"). Subject to the reporting person's continued employment through the applicable vesting date, these RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of March 15, 2023. |
F2 | This amount includes (i) 16,672 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on March 31, 2023, (ii) 4,948 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on March 31, 2024, (iii) 3,619 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on March 31, 2025, (iv) 8,540 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2024, (v) 9,155 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on March 15, 2024 and March 15, 2025, (vi) 17,741 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on January 1, 2025, and (vii) 18,688 unvested RSUs in respect of Class A Common Stock which are scheduled to vest as described in footnote 1 of this Form 4, in each case subject to the reporting person's continued employment through the applicable vesting date. |
F3 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 13, 2023. |
F4 | The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.86 to $74.23, inclusive. The reporting person undertakes to provide 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 ranges set forth in this footnote. |