Filing Details

Accession Number:
0001447669-20-000076
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-19 20:43:17
Reporting Period:
2020-05-15
Accepted Time:
2020-05-19 20:43:17
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.
101 Spear Street, First Floor
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 Disposition 2020-05-15 5,860 $191.86 173,241 No 4 F Direct
Class A Common Stock Disposition 2020-05-15 5,957 $0.00 167,284 No 4 G Direct
Class A Common Stock Acquisiton 2020-05-15 5,957 $0.00 50,614 No 4 G Indirect By Lawson Revocable Trust
Class A Common Stock Acquisiton 2020-05-15 35,000 $0.00 85,614 No 4 C Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2020-05-15 6,142 $183.79 79,472 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2020-05-15 7,914 $184.66 71,558 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2020-05-15 1,523 $185.72 70,035 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2020-05-15 1,200 $187.28 68,835 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2020-05-15 2,459 $188.19 66,376 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2020-05-15 3,145 $189.37 63,231 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2020-05-15 2,971 $190.33 60,260 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2020-05-15 4,331 $191.27 55,929 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2020-05-15 4,915 $192.40 51,014 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2020-05-15 400 $193.16 50,614 No 4 S Indirect By Lawson Revocable Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 G Direct
No 4 G Indirect By Lawson Revocable Trust
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
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 2020-05-15 35,000 $0.00 35,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,629,569 No 4 C Indirect
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 1,033,205 1,033,205 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
1,033,205 1,033,205 Indirect
Footnotes
  1. Represents shares of Class A common stock that were withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of Restricted Stock Units ("RSUs").
  2. A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
  3. Represents shares that were contributed by the Reporting Person to the Reporting Person's trust.
  4. Represents the shares received by the Reporting Person's trust.
  5. Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11.
  6. The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
  7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.26 to $184.25 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, anysecurity 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.
  8. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.26 to $185.22 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, anysecurity 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.
  9. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $185.34 to $186.28 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, anysecurity 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.
  10. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $186.74 to $187.71 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, anysecurity 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.
  11. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $187.79 to $188.68 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, anysecurity 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.
  12. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $188.85 to $189.82 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, anysecurity 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.
  13. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $189.85 to $190.84 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, anysecurity 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.
  14. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $190.86 to $191.82 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, anysecurity 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.
  15. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $191.88 to $192.78 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, anysecurity 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.
  16. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $192.89 to $193.44 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, anysecurity 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.
  17. 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.
  18. JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust.