SEC Form 4 · accession 0001437749-18-019456
TWITTER, INC. · TWTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S Rosenblatt
Director
Period of report
Nov 2, 2018
Accepted (ET)
Nov 2, 2018 · 8:09 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 | Nov 2, 2018 | M | 30,000 | $1.83 | A | 92,318 | D | |
| Common StockF1,F2 | Nov 2, 2018 | S | 30,000 | $34.3025 | D | 62,318 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $1.83 | Nov 2, 2018 | M | 30,000 | D | Nov 21, 2015 | Dec 20, 2020 | Common Stock | 30,000 | 270,000 | D |
Explanation of responses
- F1The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.255 to $34.375 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 sold at each separate price within the range set forth in this footnote.
- F2Of the reported shares 4,911 shares are represented by RSUs.
- F3The option is fully vested and immediately exercisable. One-fourth of the shares subject to the option vested on December 21, 2011 and 1/48th of the shares vested monthly thereafter.