Filing Details
- Accession Number:
- 0001127602-19-030928
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-10-22 17:57:11
- Reporting Period:
- 2019-10-18
- Accepted Time:
- 2019-10-22 17:57:11
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1447669 | Twilio Inc | TWLO | Services-Prepackaged Software (7372) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1665930 | Jeff Lawson | C/O Twilio Inc. 375 Beale Street, Suite 300 San Francisco CA 94105 | Chief Executive Officer | Yes | Yes | Yes | 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 | 2019-10-18 | 26,787 | $0.00 | 67,744 | No | 4 | C | Indirect | By Lawson Revocable Trust |
| Class A Common Stock | Disposition | 2019-10-18 | 2,715 | $104.23 | 65,029 | No | 4 | S | Indirect | By Lawson Revocable Trust |
| Class A Common Stock | Disposition | 2019-10-18 | 7,646 | $105.56 | 57,383 | No | 4 | S | Indirect | By Lawson Revocable Trust |
| Class A Common Stock | Disposition | 2019-10-18 | 18,128 | $106.21 | 39,255 | No | 4 | S | Indirect | By Lawson Revocable Trust |
| Class A Common Stock | Disposition | 2019-10-18 | 1,654 | $107.46 | 37,601 | No | 4 | S | Indirect | By Lawson Revocable Trust |
| Class A Common Stock | Disposition | 2019-10-18 | 1,747 | $108.79 | 35,854 | No | 4 | S | Indirect | By Lawson Revocable Trust |
| Class A Common Stock | Disposition | 2019-10-18 | 1,710 | $109.52 | 34,144 | No | 4 | S | Indirect | By Lawson Revocable Trust |
| Class A Common Stock | Disposition | 2019-10-18 | 1,400 | $110.14 | 32,744 | No | 4 | S | Indirect | By Lawson Revocable Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | By Lawson Revocable Trust |
| No | 4 | S | Indirect | By Lawson Revocable Trust |
| No | 4 | S | Indirect | By Lawson Revocable Trust |
| No | 4 | S | Indirect | By Lawson Revocable Trust |
| No | 4 | S | Indirect | By Lawson Revocable Trust |
| No | 4 | S | Indirect | By Lawson Revocable Trust |
| No | 4 | S | Indirect | By Lawson Revocable Trust |
| No | 4 | S | Indirect | By Lawson Revocable Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Disposition | 2019-10-18 | 26,787 | $0.00 | 26,787 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 5,951,288 | No | 4 | C | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 145,476 | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | $0.00 | 11,875 | 11,875 | Direct | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 323,170 | 323,170 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 725,944 | 725,944 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 11,875 | 11,875 | Direct | |
| 323,170 | 323,170 | Indirect | |
| 725,944 | 725,944 | Indirect |
Footnotes
- Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11.
- 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 $103.90 to $104.89 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 $104.905 to $105.90 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 $105.91 to $106.88 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 $106.98 to $107.91 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 $108.035 to $109.025 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 $109.06 to $109.985 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 $110.09 to $110.26 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.
- 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.
- Each share of Class B common stock is convertible into one share of Class A common stock at the option of the holder and has no expiration date.
- A portion of these shares represent RSUs. Each RSU represents the contingent right to receive one share of the Issuer's Class B common stock.
- JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust.
- Jeffrey Gordon Lawson Trustee of the Lawson 2014 GRAT dated 12/29/14.
Billionaire Hedge Funds
