Twitter, Inc.
TWITTER, INC. (Form: 8-K, Received: 07/05/2016 16:04:47)

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

July 5, 2016

 

 

Twitter, Inc.

(Exact name of registrant as specified in its charter)

Delaware

 

001-36164

 

20-8913779

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

1355 Market Street, Suite 900

San Francisco, California 94103

(Address of principal executive offices, including zip code)

(415) 222-9670

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Board of Directors

On July 1, 2016, the Board of Directors (the “Board”) of Twitter, Inc. (“Twitter”) appointed Bret Taylor to serve as a member of the Board, effective immediately.  Mr. Taylor will serve in the class of directors whose term expires at the annual meeting of stockholders to be held in 2017.  Twitter announced the appointment in a press release, which is attached as Exhibit 99.1.  

 

Since, September 2012, Mr. Taylor, age 35, has served as the Chief Executive Officer and co-founder of Quip, Inc., a productivity software company.  Until June 2007, Mr. Taylor served as Group Product Manager at Google Inc., where he co-created Google Maps and the Google Maps API.  Mr. Taylor then joined Benchmark, a venture capital firm, as an entrepreneur-in-residence where he co-founded the social network Friendfeed, Inc.  Mr. Taylor was the Chief Executive Officer of FriendFeed until August 2009, when it was acquired by Facebook, Inc.  Mr. Taylor served as Chief Technology Officer of Facebook from August 2009 until the summer of 2012.  Mr. Taylor serves on the Board of Directors of TASER International, Inc., a protection technologies company.  Mr. Taylor holds a Bachelors of Science and a Master’s Degree in Computer Science from Stanford University.

 

In accordance with Twitter’s Outside Director Compensation Policy, which was described in Twitter’s proxy statement for its 2015 annual meeting of stockholders, Mr. Taylor is entitled to cash and equity compensation for service on the Board and its committees. Mr. Taylor executed Twitter’s standard form of indemnification agreement, which has been previously filed with the SEC.

 

There are no arrangements or understandings between Mr. Taylor and any other persons pursuant to which he was selected as a member of the Board. There are also no family relationships between Mr. Taylor and any director or executive officer of the Company and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

 

 

 

Item 9.01

 

Financial Statements and Exhibits.

(d) Exhibits.

 

 

Exhibit

Number

 

Description

 

 

 

99.1

 

Press Release issued by Twitter, Inc. on July 5, 2016 announcing the appointment of Bret Taylor as a member of its Board of Directors.

 



 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

TWITTER, INC.

 

 

 

 

 

 

By:

/s/ Vijaya Gadde

 

 

 

Vijaya Gadde

General Counsel & Secretary

Date:  July 5, 2016



EXHIBIT INDEX

 

Exhibit

Number

 

Description

 

 

 

99.1

 

Press Release issued by Twitter, Inc. on July 5, 2016 announcing the appointment of Bret Taylor as a member of its Board of Directors.

 

Exhibit 99.1

 

July 5, 2016

 

Twitter, Inc. Appoints Bret Taylor to the Board of Directors

 

San Francisco, CA – Twitter, Inc. announced today that the Board of Directors has appointed Bret Taylor, founder and CEO of Quip, to serve as a Board member, effective immediately.

 

“Twitter is the fastest way to find out what’s happening, and beneath its simplicity lies a very sophisticated set of technology,” said Taylor. “I hope to bring my knowledge and experiences to bear to help Jack and the Board push Twitter and its services forward.”

 

“Bret brings to our Board a great mind for consumer products and technologies that will be invaluable to the company as we execute our plans for 2016 and beyond,” said Omid Kordestani, Twitter’s executive chairman. “His skills also complement those of our other recent Board additions, who bring expertise in finance, media, and entrepreneurship.”

 

Taylor is currently the CEO and co-founder of Quip (https://quip.com/), the modern productivity suite that simplifies your life and helps your team get work done faster. Previously, Bret was the Chief Technology Officer of Facebook, after it acquired FriendFeed, the social network he co-founded in 2007. Prior to that, Bret was a Group Product Manager at Google, where he co-created Google Maps and started Google's Developer product group. Bret has an MS and a BS in Computer Science from Stanford University.

 

About Twitter, Inc.

Twitter (NYSE: TWTR) is a global platform for public self-expression and conversation in real time. By developing a fundamentally new way for people to consume, create, distribute, and discover content, Twitter enables any voice to echo around the world instantly and unfiltered. The service can be accessed at Twitter.com, on a variety of mobile devices, and via SMS. Available in more than 40 languages, Twitter reported 310 million monthly active users as of the quarter ended March 31, 2016. For more information, visit about.twitter.com or follow @twitter.

 

Twitter Contact : press@twitter.com