SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Bain Adam

(Last) (First) (Middle)
C/O TWITTER, INC.
1355 MARKET STREET, SUITE 900

(Street)
SAN FRANCISCO CA 94103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TWITTER, INC. [ TWTR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/10/2016 A 1,850,000(1) A $0 2,315,782(2) D
Common Stock 02/10/2016 A 40,000(3) A $0 2,355,782(4) D
Common Stock 51,243 I See footnote(5)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Of the reported shares, 1,850,000 shares are represented by restricted stock units (RSUs) granted on February 10, 2016, pursuant to which 25% of 1,055,000 RSUs will vest on May 1, 2016, and then 12.5% quarterly thereafter for the remaining 7 quarters, 25% of 465,000 RSUs will vest on February 1, 2018, and then quarterly thereafter for the remaining 3 quarters, 25% of 330,000 RSUs will vest on February 1, 2019, and then quarterly thereafter for the remaining 3 quarters.
2. Of the reported shares 2,133,287 shares are represented by RSUs.
3. Of the reported shares, 40,000 shares are represented by performance RSUs granted on February 10, 2016, pursuant to which the performance RSUs will be eligible to vest based on the Company's achievement of certain performance targets over the next year, with the Board of Directors or Compensation Committee setting the performance targets for the performance period in the first quarter of 2016 and in the first quarter of 2017 determining achievement against those performance targets.
4. Of the reported shares 2,173,287 shares are represented by RSUs.
5. The shares are held of record by The Bain 2013 Irrevocable Trust DTD 10/22/2013 for which the Reporting Person serves as trustee.
/s/ Sean Edgett, Attorney-in-Fact 02/12/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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