TWITTER, INC. 4
4 · TWITTER, INC. · Filed Feb 5, 2015
Insider Transaction Report
Form 4
TWITTER, INC.TWTR
Costolo Richard
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
2015-02-03$38.22/sh−100,218$3,830,132→ 843,390 total - Exercise/Conversion
Employee Stock Option (right to buy)
2015-02-03−125,000→ 3,269,146 totalExercise: $0.43Exp: 2019-09-03→ Common Stock (125,000 underlying) - Exercise/Conversion
Common Stock
2015-02-03$0.43/sh+125,000$53,538→ 943,608 total - Sale
Common Stock
2015-02-03$38.91/sh−24,782$964,154→ 818,608 total
Footnotes (5)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]Of the reported shares 473,412 shares are represented by RSUs.
- [F3]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $37.71 to $38.71 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.
- [F4]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $38.715 to $39.39 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.
- [F5]The option was fully vested as of September 1, 2013.