Robert Chess - Jan 7, 2025 Form 4 Insider Report for Twist Bioscience Corp (TWST)

Role
Director
Signature
/s/ Dennis Cho, as Attorney-in-Fact for Robert Chess
Stock symbol
TWST
Transactions as of
Jan 7, 2025
Transactions value $
-$250,000
Form type
4
Date filed
1/10/2025, 04:05 PM
Previous filing
Jan 17, 2025
Next filing
Feb 7, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWST Common Stock Sale -$250K -5K -23.1% $50.00 16.6K Jan 7, 2025 Direct F1
holding TWST Common Stock 42.5K Jan 7, 2025 By the Chess 1997 Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 August 12, 2024.
F2 The Reporting Person and his spouse are the sole trustees and the sole beneficiaries of the Chess 1997 Trust.