Form Type: 4

SEC EDGAR Link
Accession Number:0000899243-21-021331
Date:2021-05-27
Issuer: TWITTER, INC. (TWTR)
Original Submission Date:

Reporting Person:

DURBAN EGON
C/O SILVER LAKE
2775 SAND HILL ROAD, SUITE 100 MENLO PARK, CA 94025

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-05-27 A 3,874 a $0.00 13,980 indirect f3
COMMON STOCK 2021-05-27 A 1,033 a $58.08 15,013 indirect f3
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 represents a grant under the outside director compensation policy of twitter, inc. (the "issuer") of restricted stock units, which will vest in quarterly installments beginning the first quarter following the date of grant (on the same day of the month as the date of grant) but will vest in full on the date of the next annual meeting of stockholders if not fully vested on such date, subject to continued service through each vesting date.
f2 represents restricted stock units awarded pursuant to mr. durban's election to receive his cash retainer fees in the form of additional restricted stock units. such restricted stock units will vest in quarterly installments beginning the first quarter following the date of grant (on the same day of the month as the date of grant) but will vest in full on the date of the next annual meeting of stockholders if not fully vested on such date, subject to continued service through each vesting date.
f3 these securities are held by mr. durban for the benefit of silver lake technology management, l.l.c., certain of its affiliates, and certain of the funds they manage ("silver lake"). mr. durban serves as a director of the issuer. pursuant to mr. durban's arrangement with silver lake with respect to director compensation, upon the sale of these securities, the proceeds from such sale(s) are expected to be remitted to silver lake and/or its limited partners. mr. durban, through his role at silver lake and its affiliates, may be deemed to have an indirect interest in the securities reported herein. pursuant to rule 16a-1(a)(4) under the exchange act, this filing shall not be deemed an admission that mr. durban is the beneficial owner of all securities covered by this filing, and mr. durban disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any.

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