Filing Details

Accession Number:
0001246360-14-003386
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-08-01 21:14:16
Reporting Period:
2014-07-31
Filing Date:
2014-08-01
Accepted Time:
2014-08-01 21:14:16
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
1590847 Richard Costolo 1355 Market Street, Suite 900
San Francisco CA 94103
Chief Executive Officer 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 Disposition 2014-07-31 16,698 $45.34 565,962 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 566,920 Indirect See Footnote
Footnotes
  1. The shares are held of record by the Richard Costolo 2001 Living Trust dated February 8, 2001, for which the Reporting Person serves as trustee, and the Lorin Costolo 2001 Living Trust dated February 8, 2001, for which the Reporting Person's spouse serves as trustee.
  2. Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement 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.
  3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $44.88 to $45.72 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.
  4. Of the reported shares, 546,244 shares are represented by RSUs.