Filing Details
- Accession Number:
- 0001181431-14-035708
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-11-05 21:29:29
- Reporting Period:
- 2014-11-03
- Filing Date:
- 2014-11-05
- Accepted Time:
- 2014-11-05 21:29:29
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1418091 | Twitter Inc. | TWTR | Services-Computer Programming, Data Processing, Etc. (7370) | 208913779 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1623646 | Kevin Weil | 1355 Market Street, Suite 900 San Francisco CA 94103 | Vice President Of Product | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2014-11-03 | 18,170 | $40.30 | 684,291 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (right to buy) | $0.20 | 2019-07-06 | 16,000 | 16,000 | Direct | |
Common Stock | Employee Stock Option (right to buy) | $0.85 | 2020-07-15 | 20,000 | 20,000 | Direct | |
Common Stock | Employee Stock Option (right to buy) | $2.28 | 2021-01-25 | 118,238 | 118,238 | Direct | |
Common Stock | Employee Stock Option (right to buy) | $2.28 | 2021-01-25 | 540 | 540 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2019-07-06 | 16,000 | 16,000 | Direct |
2020-07-15 | 20,000 | 20,000 | Direct |
2021-01-25 | 118,238 | 118,238 | Direct |
2021-01-25 | 540 | 540 | Direct |
Footnotes
- Represents 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.
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $40.17 to $40.53 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.
- Of the reported shares, 634,625 shares are represented by restricted stock units (RSUs) of which (1) 78,125 shares subject to the RSUs vest quarterly beginning on December 1, 2014 , (2) an additional 384,000 shares subject to the RSUs vest quarterly beginning on November 1, 2014, (3) an additional 112,500 shares subject to the RSUs vest quarterly beginning on November 1, 2014 and (4) an additional 60,000 shares subject to the RSUs vest quarterly beginning on October 1, 2017.
- An option to purchase 315,000 shares was granted on July 7, 2009 and was exercised in part prior to the date on which the Reporting Person became subject to Section 16. The remaining shares subject to the option are fully vested and exercisable.
- This option to purchase 20,000 shares was granted on July 16, 2010. The shares subject to the option are fully vested and exercisable.
- An option to purchase 118,238 shares was granted on January 26, 2011. One-fourth of the shares subject to the option vested on January 1, 2012 and 1/48th of the shares have vested and will vest monthly thereafter.
- An option to purchase 41,762 shares was granted on January 26, 2011 and was exercised in part prior to the date on which the Reporting Person became subject to Section 16. The remaining shares subject to the option are fully vested and exercisable.