THE REAL COST OF FREE-SPEECH ...
BITE YOUR TONGUE ... WEARING A COVID MASK
TWITTER'S BOARD OF DIRECTORS ... ALL EXECUTIVE OFFICERS AND DIRECTORS AS A GROUP (14 NON-BINARY ENTITIES) ... OWNERSHIP IS 2.7% OF OUTSTANDING STOCK (20,521,708). The Board of Directors exclusive of Dorsey own collectively .3% of the outstanding shares!
5% Stockholders and other boogeymen, perhaps boogey non-binaries:
The Vanguard Group... 70,375,579 - 9.2 %
Elon Musk --- 68,943,938 - 9.0%
Morgan Stanley and Morgan Stanley Investment Management, Inc. ... 67,033,579 - 8. 8%
BlackRock, Inc. ... 52,095,502 - 6.8 %
So, approximately 65% of ownership is in the hands of non-binaries and other boogie men ... of course, the beauty of capitalism is "what's in it for me" mentality.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
(3) | Consists of (i) 575,906 shares held of record by Ms. Gadde and (ii) 29,512 shares issuable upon vesting of RSUs within 60 days of the Record Date. |
(4) | Consists of (i) 112,241 shares held of record by Ms. Personette and (ii) 30,972 shares issuable upon vesting of RSUs within 60 days of the Record Date. |
(5) | Consists of (i) 13,704,901 shares held of record by the Jack Dorsey Revocable Trust dated December 8, 2010, for which Mr. Dorsey serves as trustee, (ii) 2,337,527 shares held of record by the Jack Dorsey Remainder LLC, the sole member of which is the Jack Dorsey Remainder Trust #3, of which Mr. Dorsey serves as co-trustee, and (iii) 2,000,000 shares beneficially owned by Mr. Dorsey directly. |
(6) | Consists of 324,674 shares held of record by Mr. Montano. |
(7) | Consists of (i) 2,801 shares held of record by Ms. Alemayehou and (ii) no shares issuable pursuant to outstanding stock options which are exercisable within 60 days of the Record Date, all of which are fully vested. |
(8) | Consists of (i) 13,786 shares held of record by Mr. Durban and (ii) 1,227 shares issuable upon vesting of RSUs within 60 days of the Record Date. 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”). 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. |
(9) | Consists of (i) 133,278 shares held of record by Mr. Kordestani and (ii) 800,969 shares issuable pursuant to outstanding stock options which are exercisable within 60 days of the Record Date, all of which are fully vested. |
(10) | Consists of (i) 31,567 shares held of record by Ms. Lane Fox and (ii) 969 shares issuable upon vesting of RSUs within 60 days of the Record Date. |
(11) | Consists of (I) 9,707 shares held of record by Dr. Li and (ii) 969 shares issuable upon vesting of RSUs within 60 days of the Record Date. |
(12) | Consists of (i) 23,854 shares held of record by Mr. Pichette and (ii) 969 shares issuable upon vesting of RSUs within 60 days of the Record Date. |
(13) | Consists of (i) 108,557 shares held of record by Mr. Rosenblatt (ii) 1,270 shares issuable upon vesting of RSUs within 60 days of the Record Date. |
(14) | Consists of (i) 55,327 shares held of record by Mr. Taylor and (ii) 1,270 shares issuable upon vesting of RSUs within 60 days of the Record Date. |
(15) | Consists of (i) 20,566 shares held of record by Mr. Zoellick and (ii) 969 shares issuable upon vesting of RSUs within 60 days of the Record Date. |
(16) | Consists of (i) 19,574,103 shares held of record by our current directors and executive officers, (ii) 800,000 shares issuable pursuant to outstanding stock options which are exercisable within 60 days of the Record Date, all of which are fully vested and (iii) 147,605 shares issuable upon vesting of RSUs within 60 days of the Record Date. |
(17) | According to the information reported by The Vanguard Group (“Vanguard”) on a Schedule 13G/A filed with the SEC on February 10, 2022, Vanguard beneficially owns an aggregate of 70,375,259 shares, which consists of (i) 1,260,801 shares as to which it has shared voting power, (ii) 67,172,425 shares as to which it has sole dispositive power and (iii) 3,202,834 shares as to which it has shared dispositive power. The address of Vanguard is 100 Vanguard Blvd, Malvern, PA 19355. Subsequent to the Record Date, on April 8, 2022, Vanguard filed a Schedule 13G/A reporting beneficial ownership of an aggregate of 82,403,665 shares, which consists of (i) 1,121,405 shares as to which it has shared voting power, (ii) 79,268,380 shares as to which it has sole dispositive power, and (iii) 3,135,285 shares as to which it has shared dispositive power. |
(18) | Consists of 68,943,938 shares held of record as of the Record Date by the Elon Musk Revocable Trust dated July 22, 2003, for which Mr. Musk serves as the sole trustee. Mr. Musk reported holdings of 73,115,038 shares held as of April 4, 2022 pursuant to a Schedule 13D filed with the SEC on April 5, 2022. |
(19) | According to the information reported by Morgan Stanley and Morgan Stanley Investment Management Inc. on a Schedule 13G/A jointly filed with the SEC on February 10, 2022, (i) Morgan Stanley beneficially owns an aggregate of 67,033,579 shares, which consists of (A) 59,237,336 shares as to which it has shared voting power and (B) 67,033,579 shares as to which it has shared dispositive power and (ii) Morgan Stanley Investment Management Inc. beneficially owns an aggregate of 64,827,920 shares, which consists of (A) 57,039,467 shares as to which it has shared voting power and (B) 64,827,920 shares as to which it has shared dispositive power. The address of Morgan Stanley is 1585 Broadway, New York, NY 10036 and the address of Morgan Stanley Investment Management, Inc. is 522 5th Avenue 6th Floor New York, NY 10036. |
(20) | According to the information reported by BlackRock, Inc. (“BlackRock”) on a Schedule 13G/A filed with the SEC on February 8, 2022, BlackRock beneficially owns an aggregate of 52,095,502 shares, which consists of (i) 45,633,971 shares as to which it has sole voting power and (ii) 52,095,502 shares as to which it has sole dispositive power. The address of BlackRock is 55 East 52nd Street, New York, NY 10055. |
