Filing Details
- Accession Number:
- 0001127602-18-021654
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-06-20 19:56:36
- Reporting Period:
- 2018-06-18
- Accepted Time:
- 2018-06-20 19:56:36
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1447669 | Twilio Inc | TWLO | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1386396 | George Hu | C/O Twilio Inc. 375 Beale Street, Suite 300 San Francisco CA 94105 | Chief Operating Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2018-06-18 | 5,000 | $31.72 | 215,420 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2018-06-18 | 5,000 | $60.02 | 210,420 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2018-06-19 | 1,886 | $31.72 | 212,306 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2018-06-19 | 1,786 | $60.26 | 210,520 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2018-06-19 | 100 | $61.22 | 210,420 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Employee Stock Option (right to buy) | Disposition | 2018-06-18 | 5,000 | $0.00 | 5,000 | $31.72 |
Class A Common Stock | Employee Stock Option (right to buy) | Disposition | 2018-06-19 | 1,886 | $0.00 | 1,886 | $31.72 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
875,500 | 2024-02-27 | No | 4 | M | Direct | |
873,614 | 2024-02-27 | No | 4 | M | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class A Common Stock | Employee Stock Option (right to buy) | $31.72 | 2024-02-27 | 185,000 | 185,000 | Direct | |
Class A Common Stock | Employee Stock Option (right to buy) | $33.01 | 2028-02-19 | 96,214 | 96,214 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2024-02-27 | 185,000 | 185,000 | Direct |
2028-02-19 | 96,214 | 96,214 | Direct |
Footnotes
- A portion of these shares represent Restricted Stock Units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock.
- The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.11 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.94 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The shares subject to the stock option vest as follows: 25% of of the stock option vested on February 28, 2018 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.
- The shares subject to the stock option vest as follows: 50% of the stock option vested on March 31, 2018 and the remaining shares subject to the stock option shall vest in 24 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.
- The shares subject to the stock option vest as follows: 1/48th of the shares vested on March 15, 2018 and the remaining shares subject to the stock option shall vest in equal monthly installments over the following four years, subject to the Reporting Person's continued service to the Issuer through each vesting date.