SEC Form 4 · accession 0001437749-19-004372
TWITTER, INC. · TWTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Montano
Officer — Engineering Lead
Period of report
Mar 5, 2019
Accepted (ET)
Mar 7, 2019 · 8:41 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 | Mar 5, 2019 | A | 111,000 | $0.00 | A | 636,596 | D | |
| Common StockF2 | Mar 5, 2019 | S | 1,250 | $30.50 | D | 635,346 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Of the reported shares, 111,000 shares are represented by restricted stock units (RSUs) granted on March 5, 2019, pursuant to which 25% of 37,000 RSUs will vest on February 1, 2021, May 1, 2021, August 1, 2021 and November 1, 2021, 25% of 37,000 RSUs will vest on February 1, 2022, May 1, 2022, August 1, 2022 and November 1, 2022 and 25% of 37,000 RSUs will vest on February 1, 2023, May 1, 2023, August 1, 2023 and November 1, 2023.
- F2Of the reported shares 519,179 shares are represented by RSUs.
- F3The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.