TWITTER, INC. 4
4 · TWITTER, INC. · Filed May 27, 2015
Insider Transaction Report
Form 4
TWITTER, INC.TWTR
Costolo Richard
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2015-05-22$34.33/sh+22,782$782,106→ 822,545 total
Footnotes (3)
- [F1]The Reporting Person acquired 22,782 shares of Issuer Common Stock in exchange for his shares of TellApart, Inc. ("TellApart") pursuant to an Agreement and Plan of Reorganization by and among the Issuer, Trinidad Acquisition Corp., TellApart and Fortis Advisors LLC, as Securityholders' Agent, dated April 28, 2015 (the "Merger Agreement"). Of the 22,782 shares issued to the Reporting Person, 2,867 shares are currently being held in escrow and are subject to forfeiture during the escrow period following the merger as partial security for the indemnification obligations set forth in Merger Agreement.
- [F2]Per share consideration as of the date of closing of the merger.
- [F3]Of the reported shares 436,995 shares are represented by RSUs.