Sudhir Tiwari - Aug 7, 2023 Form 3 Insider Report for Thoughtworks Holding, Inc. (TWKS)

Role
Global Head of Digital Engineering Center Exhibit 24 - Power of Attorney
Signature
/s/ Christine McKillip Attorney-in-Fact for Reporting Person
Stock symbol
TWKS
Transactions as of
Aug 7, 2023
Transactions value $
$0
Form type
3
Date filed
8/17/2023, 07:22 PM
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TWKS Common Stock 208K Aug 7, 2023 Direct F1

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
holding TWKS Options to purchase common stock Aug 7, 2023 Common Stock 290K $2.29 Direct F2
holding TWKS Options to purchase common stock Aug 7, 2023 Common Stock 34.9K $2.48 Direct F3
holding TWKS Options to purchase common stock Aug 7, 2023 Common Stock 12.2K $5.16 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities include 7,143 shares of common stock underlying restricted stock units ("RSUs") granted to the reporting person on November 18, 2021 (the "First Grant Date") and 11,340 shares of common stock underlying RSUs granted to the reporting person on November 15, 2022 (the "Second Grant Date"), both of which are pursuant to the 2021 Omnibus Incentive Plan. The RSUs of the First Grant Date and the Second Grant Date vest and settle 25% on each 12-month anniversary of the respective grant, over 4 years.
F2 Represents outstanding, unexercised options granted to the reporting person on October 12, 2017. The options are fully vested and exercisable.
F3 Represents outstanding, unexercised options granted to the reporting person on December 19, 2018. The options are fully vested and exercisable.
F4 Represents outstanding, unexercised options granted to the reporting person on September 15, 2020 (the "Grant Date"). 86% of the options are fully vested and exercisable, the remaining 14% vest in four equal installments of 330 shares on September 15, 2023, December 15, 2023, March 15, 2024, June 15, 2024, and September 15, 2024.
F5 1,650 of the reported securities remain subject to time-based vesting.

Remarks:

Global Head of Digital Engineering Center Exhibit 24 - Power of Attorney