Home > Insider Trading > Filing (0001447669-20-000026)

Filing Details

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
1665730	Karyn Smith	C/O Twilio Inc. 101 Spear Street, First Floor San Francisco CA 94105	General Counsel And Secretary	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	Disposition	2020-02-18	1,608	$127.48	37,991	No	4	S	Direct
Class A Common Stock	Disposition	2020-02-18	2,280	$0.00	35,711	No	4	G	Direct
Class A Common Stock	Acquisiton	2020-02-18	2,280	$0.00	6,353	No	4	G	Indirect	By The Karyn Smith Revocable Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	G	Direct
No	4	G	Indirect	By The Karyn Smith Revocable Trust

Footnotes

Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale 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 $127.1350 to $127.95 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 RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
Represents shares that were contributed by the Reporting Person to the Reporting Person's trust.
Represents the shares received by the Reporting Person's trust.
The Karyn Smith Revocable Trust U/A/D 9/15/06 Amended 12/23/11, Karyn Smith Trustee.