SEC Form 4 · accession 0001437749-16-029282

TWITTER, INC. · TWTR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Apr 7, 2016

Accepted (ET)

Apr 8, 2016 · 9:51 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 Stock^F1,F2	Apr 7, 2016	A	22,500	$0.00	A	1,232,695	D
Common Stock^F3,F4	Apr 7, 2016	A	318,750	$0.00	A	1,551,445	D

No Table II lines on this filing.

F1Of the reported shares, 22,500 shares are represented by performance restricted stock units granted on April 7, 2016, pursuant to which the performance restricted stock units will be eligible to vest based on the Company's achievement of certain performance targets in 2016 that have been set by the Compensation Committee of the Board, and in the first quarter of 2017 determining achievement against those performance targets.
F2Of the reported shares 866,250 shares are represented by restricted stock units (RSUs) and 40,380 shares are held jointly with the Reporting Person's spouse.
F3Of the reported shares, 318,750 shares are represented by RSUs granted on April 7, 2016, pursuant to which 50% of 52,500 RSUs will vest on May 1, 2016, and then 25% quarterly thereafter for the remaining two quarters; 25% of 7,500 RSUs will vest on February 1, 2017, and then quarterly thereafter for the remaining three quarters; 25% of 33,750 RSUs will vest on February 1, 2018, and then quarterly thereafter for the remaining three quarters; and 25% of 225,000 RSUs will vest on February 1, 2019, and then quarterly thereafter for the remaining three quarters.
F4Of the reported shares 1,185,000 shares are represented by RSUs and 40,380 shares are held jointly with the Reporting Person's spouse.