Filing Details
- Accession Number:
- 0001447669-20-000211
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-11-05 19:14:36
- Reporting Period:
- 2020-11-03
- Accepted Time:
- 2020-11-05 19:14:36
- 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
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2020-11-03 | 18,488 | $31.72 | 155,180 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2020-11-03 | 3,735 | $270.57 | 151,445 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-11-03 | 5,402 | $271.99 | 146,043 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-11-03 | 5,460 | $272.87 | 140,583 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-11-03 | 3,891 | $273.82 | 136,692 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Employee Stock Option (right to buy) | Disposition | 2020-11-03 | 18,488 | $31.72 | 18,488 | $31.72 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 83,930 | 2024-02-27 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Employee Stock Option (right to buy) | $117.94 | 2030-02-21 | 58,559 | 58,559 | Direct | |
| 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) | $111.32 | 2029-01-30 | 73,798 | 73,798 | Direct | |
| Class A Common Stock | Employee Stock Option (right to buy) | $31.72 | 2024-02-27 | 185,000 | 185,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2030-02-21 | 58,559 | 58,559 | Direct |
| 2028-02-19 | 96,214 | 96,214 | 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 |
| 2024-02-27 | 185,000 | 185,000 | 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $270.225 to $270.94 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 $271.34 to $272.33 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 $272.405 to $273.16 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 $273.41 to $274.26 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.
- 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 the stock option 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 the 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.
- The shares subject to the stock 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 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 shares subject to the stock option vest 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 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.
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