Form 4 for TWLO TWILIO INC
Accepted 2023-06-30 00:00:00 ET · period of report 2023-06-28 · accession 0001447669-23-000141 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2023-06-30 | 2023-06-28 | TWLO | Lawson Jeff | CEO, Dir, 10% | C - Cnv Deriv | $0.00 | +5.60M | 1.02M | New | $0 |
| DM | 2023-06-30 | 2023-06-28 | TWLO | Lawson Jeff | CEO, Dir, 10% | J - Other | $0.00 | 0 | 0 | New | $0 |
| DMI | 2023-06-30 | 2023-06-28 | TWLO | Lawson Jeff | CEO, Dir, 10% | C - Cnv Deriv | $0.00 | -5.60M | 0 | -100% | $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 | 2023-06-28 | C | A | 4,580,822 | $0.00 | 4,807,219 | I By Lawson Revocable Trust | — | — | (F1) Shares are held by Erica Freeman Lawson and Jeffrey Gordon Lawson, as trustees of the Lawson Revocable Trust dated 10/2/11. |
| 2 | Common | Class A Common Stock | 2023-06-28 | C | A | 1,022,705 | $0.00 | 1,022,705 | I By Lawson 2014 Irrevocable Trust | — | — | (F2) Shares are held by JP Morgan Trust Company of Delaware, as trustee of the Lawson 2014 Irrevocable Trust dated 12/29/2014. |
| 3 | Derivative | Employee Stock Option (right to buy) | 2023-06-28 | J | A | 316,667 | $0.00 | 316,667 | D | $10.09 · — to 2025-12-30 | 316,667 Class A Common Stock | (F6) The shares subject to this option vested in 48 equal monthly installments, with the first installment on February 15, 2016, subject to the Reporting Person's continuous service to the Issuer on each such date. |
| 4 | Derivative | Class B Common Stock | 2023-06-28 | C | D | 4,580,822 | $0.00 | 0 | I By Lawson Revocable Trust | — · — to — | 4,580,822 Class A Common Stock | (F1) Shares are held by Erica Freeman Lawson and Jeffrey Gordon Lawson, as trustees of the Lawson Revocable Trust dated 10/2/11. (F4) On June 28, 2023, each outstanding share of the Issuer's Class B Common Stock automatically converted into one share of the Issuer's Class A Common Stock, in accordance with the Issuer's Amended and Restated Certificate of Incorporation (the "Conversion"). |
| 5 | Derivative | Class B Common Stock | 2023-06-28 | C | D | 1,022,705 | $0.00 | 0 | I By Lawson 2014 Irrevocable Trust | — · — to — | 1,022,705 Class A Common Stock | (F2) Shares are held by JP Morgan Trust Company of Delaware, as trustee of the Lawson 2014 Irrevocable Trust dated 12/29/2014. (F4) On June 28, 2023, each outstanding share of the Issuer's Class B Common Stock automatically converted into one share of the Issuer's Class A Common Stock, in accordance with the Issuer's Amended and Restated Certificate of Incorporation (the "Conversion"). |
| 6 | Derivative | Employee Stock Option (right to buy) | 2023-06-28 | J | D | 316,667 | $0.00 | 0 | D | $10.09 · — to 2025-12-30 | 316,667 Class A Common Stock | (F6) The shares subject to this option vested in 48 equal monthly installments, with the first installment on February 15, 2016, subject to the Reporting Person's continuous service to the Issuer on each such date. |