Subject: FW: TWTR Update
From: Paul Morris ‹ >
Date: Fri, 21 Aug 2015 21:39:34 -0400
To: Jeffrey Epstein <jeevacation@gmail.com>
Let's talk when you're back
Original Message
From: Ariane Dwyer
Sent: Thursday, August 20, 2015 04:17 PM Eastern Standard Time
To: jeevacation@gmail.com
Cc: Daniel Sabba; Vahe Stepanian; Paul Morris; Stewart Oldfield; Richard Kahn
Subject: TWTR Update
> Jeffrey,
This afternoon TWTR stock fell below its IPO price of $26.
Please find below a chart of TWTR stock and the details of your TWTR trade.
Best,
Ari
Source: Bloomberg Finance, LP
TWTR Trade Details (as of trade date, 1/27/2015)
Total Return Swap:
Swap Seller: DB
Swap Buyer: Southern Financial LLC
Ticker: TWTR
Size: 100,000 shares
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Expiry: 1/27/2016
Spread: lmL+ 75bps
Resets: Monthly
Optional Early Termination: Applicable, 3 days (two-way)
Commissions: $0.03 per share in and out
Initial Strike: $38.9662 (Gross) / $38.9962(Net)
European Call options on TWTR:
Option Seller: Southern Financial LLC
Option Buyer: DB
Shares: 100,000
Notional: $3,896,620.00
Type: Call
Style: European
Expiry: 1/27/2016
Strike $38.9662
Premium client receives: $728,278.28 (18.69%)
Best,
Ari
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Ariane Dwyer
Analyst I Key Client Partners - US
Deutsche Bank Securities Inc
Deutsche Asset & Wealth Management
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