Filing Details

Accession Number:
0001246360-14-003205
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-07-03 15:56:12
Reporting Period:
2014-07-01
Filing Date:
2014-07-03
Accepted Time:
2014-07-03 15:56:12
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
1590852 Luca Baratta 1355 Market Street, Suite 900
San Francisco CA 94103
Vp, Finance And Accounting Off No No 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 Acquisiton 2014-07-01 5,826 $14.42 348,855 No 4 M Direct
Common Stock Disposition 2014-07-01 4,385 $42.81 344,470 No 4 S Direct
Common Stock Disposition 2014-07-01 4,354 $42.68 340,116 No 4 S Direct
Common Stock Disposition 2014-07-01 5,826 $42.01 334,290 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to buy) Disposition 2014-07-01 5,826 $42.01 5,826 $14.42
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
40,787 2022-04-11 No 4 M Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  2. Of the reported shares, 294,305 shares are represented by RSUs.
  3. An option to purchase 46,613 shares was granted on April 12, 2012. Shares subject to the option vest in eight equal quarterly installments beginning on July 1, 2014 through April 1, 2016.
  4. 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.
  5. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $42.66 to $42.70 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.