Twitter (TWTR) Files 24.096M Share Shelf on Behalf of Silver Lake

Twitter (NYSE: TWTR) Files 24.096M Share Shelf on Behalf of Silver Lake.

From the filing:

This prospectus relates to the potential sale or disposition from time to time by Silver Lake Partners V DE (AIV), L.P. (“Silver Lake”) of some or all of the shares of our common stock, par value $0.000005 (“common stock”) issuable upon conversion of our 0.375% Convertible Senior Notes due 2025 (the “notes”), if any, in any manner described under “Plan of Distribution” in this prospectus. For purposes of this prospectus, Silver Lake includes its permitted transferees, pledgees, assignees, distributees, donees or successors or others who later hold any of Silver Lake’s interests. The notes were acquired from us in a private placement that closed on March 12, 2020 and is more fully described in the section entitled “Prospectus Summary—Silver Lake Transaction.” We will receive no proceeds from any sale by Silver Lake of the shares of common stock offered by this prospectus and any prospectus supplement, but in some cases we have agreed to pay certain registration expenses. Please read this prospectus and any applicable prospectus supplement carefully before you invest.

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