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Twist Bioscience Corp — Director's Dealing 2021
Jul 7, 2021
31873_dirs_2021-07-06_d7ede19b-7271-4392-9d63-99ef30c7e1ed.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Twist Bioscience Corp (TWST)
CIK: 0001581280
Period of Report: 2021-07-01
Reporting Person: Finn Patrick John (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-01 | Common Stock | F | 257 | $131.48 | Disposed | 41155 | Direct |
| 2021-07-02 | Common Stock | M | 358 | $8.82 | Acquired | 41513 | Direct |
| 2021-07-02 | Common Stock | M | 1517 | $26.66 | Acquired | 43030 | Direct |
| 2021-07-02 | Common Stock | M | 827 | $23.33 | Acquired | 43857 | Direct |
| 2021-07-02 | Common Stock | S | 2702 | $131.70 | Disposed | 41155 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-02 | Employee Stock Option (right to buy) | $8.82 | M | 358 | Disposed | 2027-09-28 | Common Stock (358) | Direct |
| 2021-07-02 | Employee Stock Option (right to buy) | $26.66 | M | 1517 | Disposed | 2028-11-18 | Common Stock (1517) | Direct |
| 2021-07-02 | Employee Stock Option (right to buy) | $23.33 | M | 827 | Disposed | 2029-10-23 | Common Stock (827) | Direct |
Footnotes
F1: Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person. Such withholding is exempt from Section 16(b) pursuant to Rule 16b-3(e).
F2: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on September 3, 2020.
F3: The option is immediately exercisable. 10% of the shares subject to the option vested on September 28, 2017, 15% of the shares subject to the option vest on September 28, 2018, and 1/48th of the shares subject to the option vest on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
F4: 20% of the shares subject to the option vested and became exercisable on October 31, 2019, and 1/60th of the shares subject to the option vest and become exercisable on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
F5: 25% of the shares subject to the option vested and became exercisable on October 24, 2020, and 1/48th of the shares subject to the option vest and become exercisable on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.