Form 4 for TWLO TWILIO INC
Accepted 2021-11-15 00:00:00 ET · period of report 2021-11-11 · accession 0001447669-21-000268 · 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 | 2021-11-15 | 2021-11-11 | TWLO | Shipchandler Khozema | COO | A - Grant | $0.00 | +7,487 | 75.9K | +11% | $0 |
| D | 2021-11-15 | 2021-11-11 | TWLO | Shipchandler Khozema | COO | A - Grant | $0.00 | +13.6K | 13.6K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-11-11 | A | A | 7,487 | $0.00 | 75,868 | D | — | — | (F1) The shares reported in this transaction represent Restricted Stock Units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock. The RSUs shall vest as follows: 33% of the RSUs shall vest in equal quarterly installments between the first and second anniversaries of December 31, 2021, 33% of the RSUs shall vest in equal quarterly installments between the second and third anniversaries of December 31, 2021 and 34% of the RSUs shall vest in equal quarterly installments between the third and fourth anniversaries of December 31, 2021, subject to the Reporting Person's continued service to the Issuer through each vesting date. (F2) A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock. |
| 2 | Derivative | Employee Stock Option (right to buy) | 2021-11-11 | A | A | 13,565 | $0.00 | 13,565 | D | $298.00 · — to 2031-11-10 | 13,565 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, 2021, 33% of the stock option shall vest in equal quarterly installments between the second and third anniversaries of December 31, 2021 and 34% of the stock option shall vest in equal quarterly installments between the third and fourth anniversaries of December 31, 2021, subject to the Reporting Person's continued service to the Issuer through each vesting date. |