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Filing Details

Accession Number:: 0001447669-20-000188
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-10-02 18:05:18
Reporting Period:: 2020-09-30

Accepted Time:: 2020-10-02 18:05:18
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. 101 Spear Street, First Floor San Francisco CA 94105	Chief Operating Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2020-09-30	18,487	$31.72	155,179	No	4	M	Direct
Class A Common Stock	Disposition	2020-09-30	18,487	$246.41	136,692	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Employee Stock Option (right to buy)	Disposition	2020-09-30	18,487	$0.00	18,487	$31.72

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
102,418		2024-02-27	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Employee Stock Option (right to buy)	$33.01	2028-02-19	96,214	96,214	Direct
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)	$31.72	2024-02-27	185,000	185,000	Direct
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)	$111.32	2029-01-30	73,798	73,798	Direct
Class A Common Stock	Employee Stock Option (right to buy)	$117.94	2030-02-21	58,559	58,559	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2028-02-19	96,214	96,214	Direct
2024-02-27	185,000	185,000	Direct
2024-02-27	185,000	185,000	Direct
2024-02-27	185,000	185,000	Direct
2029-01-30	73,798	73,798	Direct
2030-02-21	58,559	58,559	Direct

Footnotes

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.
The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
The shares subject to the stock option vest as follows: 25% 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 this option vest in 48 equal monthly installments, with the first installment on March 15, 2018, subject to the Reporting Person's continuous 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: 50% of the stock option vested on December 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: 50% of the stock option vested on June 30, 2019 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 stock option vests as follows: 33% of the stock option shall vest on December 31, 2020, 33% of the stock option shall vest on December 31, 2021 and 34% of the stock option shall vest on December 31, 2022, subject to the Reporting Person's continued service to the Issuer through each vesting date.
The stock option shall vest as follows: 33% of the stock option shall vest in equal quarterly installments between the first and second anniversaries of December 31, 2019, 33% of the stock option shall vest in equal quarterly installments between the second and third anniversaries of December 31, 2019 and 34% of stock option shall vest in equal quarterly installments between the third and fourth anniversaries of December 31, 2019, subject to the Reporting Person's continued service to the Issuer through each vesting date.