SEC Form 4 · accession 0001437749-18-008578
TWITTER, INC. · TWTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Kaiden
Officer — Chief Accounting Officer
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 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,F3 | May 1, 2018 | S | 2,341 | $30.6724 | D | 177,640 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- F2Of the reported shares 171,890 shares are represented by RSUs.
- F33,403 shares are held of record by the Kaiden Family Trust Agreement, for which the Reporting Person serves as trustee.