Form 4 for TWLO TWILIO INC

Accepted 2021-10-18 00:00:00 ET · period of report 2021-10-14 · accession 0001447669-21-000254 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2021-10-18	2021-10-14	TWLO	Shipchandler Khozema	CFO	S - Sale+OE	$353.00	-4,841	68.4K	-7%	-$1.71M
D	2021-10-18	2021-10-14	TWLO	Shipchandler Khozema	CFO	M - OptEx	$117.94	+4,841	73.2K	+7%	+$570.9K
D	2021-10-18	2021-10-14	TWLO	Shipchandler Khozema	CFO	M - OptEx	$0.00	-4,841	44.2K	-10%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2021-10-14	S	D	4,841	$353.00	68,381	D	—	—	(F1) A portion of these shares represent Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
2	Common	Class A Common Stock	2021-10-14	M	A	4,841	$117.94	73,222	D	—	—	(F1) A portion of these shares represent Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
3	Derivative	Employee Stock Option (right to buy)	2021-10-14	M	D	4,841	$0.00	44,158	D	$117.94 · — to 2030-02-21	4,841 Class A Common Stock	(F3) The shares subject to the stock option vest as follows: 33% of the stock option shall vest in equal quarterly installments between the first and second anniversaries of December 31, 2019, 33% of the stock option shall vest in equal quarterly installments between the second and third anniversaries of December 31, 2019 and 34% of the stock option shall vest in equal quarterly installments between the third and fourth anniversaries of December 31, 2019, subject to the Reporting Person's continued service to the Issuer through each vesting date.