Twitter Inc. opened at $45 a share, at that trading price the company would be worth about $31.2-billion.
It sold 70 million shares at a strike price of $26, which should have raised about $1.8-billion for the firm. The valuation for shareholders listed below will be at the mercy of the market, and also they will not be able to sell for 180 days.
Biggest paydays (all values assume $45 per share)
Dick Costolo, CEO of Twitter (@DickC)
Total shares: 7,675,239, worth $345-million
Adam Bain, president of global revenue
Total shares: 1,785,818, worth $80-million