Twist Bioscience director sells 12,000 shares
Twist Bioscience Corp director Jan Johannessen reported an option exercise and related share sale.
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Rhea-AI Filing Summary
Twist Bioscience Corp director Jan Johannessen reported an option exercise and related share sale. Johannessen exercised employee stock options for 12,000 shares of common stock at $14.00 per share, increasing his holdings to 29,754 shares. On the same day, he completed an open-market sale of 12,000 common shares at an average price of $56.12 per share, leaving him with 17,754 shares held directly after the transactions. The options exercised had vested in stages over several years, subject to his continuous service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 12,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,000 | $14.00 | $168K |
| Sale | Common Stock | 12,000 | $56.12 | $673K |
Footnotes (1)
- F1. 1/3rd of the shares subject to the option vested and became exercisable on October 30, 2019, and 1/3rd of the shares subject to the option vested and became exercisable on each annual anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.
Key Figures
Key Terms
open-market sale financial
Employee Stock Option (right to buy) financial
Exercise or conversion of derivative security financial
Common Stock financial
FAQ
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What insider transactions did Twist Bioscience (TWST) director Jan Johannessen report?
What stock options did Jan Johannessen exercise in the latest Twist Bioscience (TWST) Form 4?
What vesting terms applied to Jan Johannessen’s exercised Twist Bioscience (TWST) stock options?
AI-generated analysis. How Rhea-AI works. Not financial advice.