Form 4 for TWLO TWILIO INC

Accepted 2021-12-22 00:00:00 ET · period of report 2021-12-20 · accession 0001447669-21-000321 · 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	2021-12-22	2021-12-20	TWLO	Manor Eyal	Chief Product Off	A - Grant	$0.00	+125.4K	125.4K	New	$0
D	2021-12-22	2021-12-20	TWLO	Manor Eyal	Chief Product Off	A - Grant	$0.00	+54.4K	54.4K	New	$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	2021-12-20	A	A	125,444	$0.00	125,444	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 vest as follows: 25% of the RSUs shall vest on November 15, 2022 and the remaining RSUs shall vest in equal quarterly installments over the following three years, in each case on February 15, May 15, August 15 and November 15, 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	Class A Common Stock	2021-12-20	A	A	54,428	$0.00	54,428	D	$268.55 · — to 2031-12-20	54,428 Class A Common Stock	(F3) The shares subject to the stock option vest as follows: 25% of the stock option shall vest on November 15, 2022, and the remaining shares subject to the stock option shall vest in equal monthly installments over the following three years, subject to the Reporting Person's continued service to the Issuer through each vesting date.