Patrick Weiss - 13 Oct 2021 Form 4 Insider Report for Twist Bioscience Corp (TWST)

Signature
/s/ William Solis, as Attorney-in-Fact for Patrick Weiss
Issuer symbol
TWST
Transactions as of
13 Oct 2021
Transactions value $
-$418,340
Form type
4
Filing time
15 Oct 2021, 16:35:27 UTC
Previous filing
06 Oct 2021
Next filing
26 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWST Common Stock Options Exercise $18,566 +2,105 +4.3% $8.82 51,101 13 Oct 2021 Direct
transaction TWST Common Stock Options Exercise $52,626 +1,974 +3.86% $26.66 53,075 13 Oct 2021 Direct
transaction TWST Common Stock Options Exercise $20,691 +827 +1.56% $25.02 53,902 13 Oct 2021 Direct
transaction TWST Common Stock Sale -$510,224 -4,906 -9.1% $104* 48,996 13 Oct 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -2,105 -100% $0* 0 13 Oct 2021 Common Stock 2,105 $8.82 Direct F2
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -1,974 -3.7% $0 51,324 13 Oct 2021 Common Stock 1,974 $26.66 Direct F3
transaction TWST Employee Stock Option (right to buy) Options Exercise $0 -827 -3.7% $0 21,513 13 Oct 2021 Common Stock 827 $25.02 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on December 15, 2020.
F2 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 vested 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.
F3 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.
F4 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.