SEC Form 4 · accession 0001437749-16-028372
TWITTER, INC. · TWTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam Messinger
Officer — Chief Technology Officer
Period of report
Mar 22, 2016
Accepted (ET)
Mar 24, 2016 · 8:02 pm 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 StockF2 | Mar 22, 2016 | M | 3,932 | $14.42 | A | 1,505,985 | D | |
| Common StockF2 | Mar 22, 2016 | S | 11,386 | $16.73 | D | 1,494,599 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $14.42 | Mar 22, 2016 | M | 3,932 | D | — | Apr 11, 2022 | Common Stock | 3,932 | 27,282 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2Of the reported shares 1,474,133 shares are represented by RSUs.
- F3An option to purchase 155,376 shares was granted on April 12, 2012 and was exercised in part prior to the date on which the Reporting Person became subject to Section 16. As of the date of this transaction, of the outstanding shares, 7,860 are vested and exercisable and the remaining 19,422 vest on April 1, 2016.