Adam Laponis - 08 Jan 2024 Form 4 Insider Report for Twist Bioscience Corp (TWST)

Signature
/s/ Alyssa Zhang, as Attorney-in-Fact for Adam Laponis
Issuer symbol
TWST
Transactions as of
08 Jan 2024
Net transactions value
$0
Form type
4
Filing time
10 Jan 2024, 16:05:25 UTC
Previous filing
22 Nov 2023
Next filing
11 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWST Common Stock Award $0 +50,000 $0.000000 50,000 08 Jan 2024 Direct F1
transaction TWST Common Stock Award $0 +25,000 +50% $0.000000 75,000 08 Jan 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/4th of the Total Number of Shares subject to the RSUs shall vest on the 1-year anniversary of the Vesting Commencement Date, and 1/16th of the total number of shares subject to the RSUs shall vest on each quarter anniversary (or on the last day of the on the month if no such day exists) thereafter, for a total vesting period of 48 months.
F2 Represents a restricted stock unit award ("RSU") of which 1/16th of the total number of RSUs vest on each quarterly anniversary of January 8, 2024 for a total vesting period of 48 months, subject to the Reporting Person's continuous service through each vesting date.