SEC Form 4 · accession 0001437749-15-015333
TWITTER, INC. · TWTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack Dorsey
Officer — Interim CEO · Director · Other
Period of report
Aug 7, 2015
Accepted (ET)
Aug 10, 2015 · 9:03 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001418091
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 7, 2015 | P | 31,627 | $27.6669 | A | 21,856,513 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported price in Column 4 is a weighted average sale price. These shares were purchased in multiple transactions at prices ranging from $27.58 to $27.6674 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 purchased at each separate price within the range set forth in this footnote.
- F217,508,197 shares are held of record by the Jack Dorsey Revocable Trust dated December 8, 2010, for which the Reporting Person serves as trustee, 2,348,316 shares are held of record by the Jack Dorsey 2010 Annuity Trust, for which the Reporting Person serves as trustee and 2,000,000 shares are held of record by the Jack Dorsey 2014 Annuity Trust UAD 8/18/2014, for which the Reporting Person serves as trustee.
Remarks
Based on an internal audit, the Jack Dorsey Revocable Trust's holdings are restated by an additional 5,760 shares and the Jack Dorsey 2010 Annuity Trust's holdings are restated by 5,760 less shares reported in this Form 4.