SEC Form 4 · accession 0001437749-17-002472
TWITTER, INC. · TWTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack Dorsey
Officer — Chief Executive Officer · Director
Period of report
Feb 13, 2017
Accepted (ET)
Feb 14, 2017 · 5:37 pm EST
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,F3 | Feb 13, 2017 | P | 63,007 | $15.8715 | A | 15,105,435 | I | See footnote |
| Common StockF4,F5 | Feb 14, 2017 | P | 362,991 | $16.5294 | A | 15,468,426 | 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 purchase price. These shares were purchased in multiple transactions at prices ranging from $15.84 to $15.90 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.
- F2This amount reflects a transfer from the Jack Dorsey 2014 Annuity Trust UAD 8/18/2014 to the the Jack Dorsey Revocable Trust dated December 8, 2010 as an annuity payment.
- F312,767,908 shares are held of record by the Jack Dorsey Revocable Trust dated December 8, 2010, for which the Reporting Person serves as trustee and 2,337,527 shares are held of record by the Jack Dorsey 2010 Remainder Trust, for which the Reporting Person serves as trustee.
- F4The reported price in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $16.47 to $16.60 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.
- F513,130,899 shares are held of record by the Jack Dorsey Revocable Trust dated December 8, 2010, for which the Reporting Person serves as trustee and 2,337,527 shares are held of record by the Jack Dorsey 2010 Remainder Trust, for which the Reporting Person serves as trustee.