TWITTER, INC. 4
4 · TWITTER, INC. · Filed Jul 2, 2015
Insider Transaction Report
Form 4
TWITTER, INC.TWTR
Costolo Richard
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
2015-07-01$35.56/sh−58,164$2,068,155→ 436,634 total
Footnotes (3)
- [F1]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.
- [F2]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.355 to $35.81 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.
- [F3]As of the date of this filing, the Reporting Person no longer holds any unvested RSUs.