Form 4 for TWLO TWILIO INC
Accepted 2023-02-24 00:00:00 ET · period of report 2023-02-22 · accession 0001447669-23-000036 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-02-24 | 2023-02-22 | TWLO | Lawson Jeff | CEO, Dir, 10% | A - Grant | $0.00 | +78.0K | 220.5K | +55% | $0 | |
| 2023-02-24 | 2023-02-22 | TWLO | Lawson Jeff | CEO, Dir, 10% | F - Tax | $66.49 | -36.5K | 184.0K | -17% | -$2.43M |
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 | 2023-02-22 | A | A | 78,023 | $0.00 | 220,520 | D | — | — | (F1) Represents shares of Class A common stock issued upon settlement of performance-based restricted stock units ("PSUs") granted to the Reporting Person on March 21, 2022, which PSUs vested on February 22, 2023 upon certification by the Issuer's Compensation and Talent Management Committee that the applicable performance criteria was achieved. (F2) 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 | 2023-02-22 | F | D | 36,488 | $66.49 | 184,032 | D | — | — | (F3) Represents shares of Class A common stock that were withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of PSUs. (F2) 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. |