Filing Details

Accession Number:
0001447669-19-000042
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-18 17:42:55
Reporting Period:
2019-12-16
Accepted Time:
2019-12-18 17:42:55
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
1184753 L Richard Dalzell C/O Twilio Inc.
101 Spear Street, First Floor
San Francisco CA 94105
Yes No 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 2019-12-16 500 $0.00 11,883 No 4 C Direct
Class A Common Stock Disposition 2019-12-16 500 $100.01 11,383 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Employee Stock Option (right to buy) Disposition 2019-12-16 500 $0.00 500 $3.86
Class A Common Stock Class B Common Stock Acquisiton 2019-12-16 500 $0.00 500 $0.00
Class A Common Stock Class B Common Stock Disposition 2019-12-16 500 $0.00 500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
117,500 2024-03-24 No 4 M Direct
500 No 4 M Direct
0 No 4 C Direct
Footnotes
  1. 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. The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.00 to $100.02 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.
  4. The shares subject to the option vested in 36 equal installments commencing on March 25, 2014. The shares subject to the option are fully vested and exercisable by the reporting person.
  5. 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.