Filing Details

Accession Number:
0001447669-21-000088
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-23 18:07:12
Reporting Period:
2021-03-19
Accepted Time:
2021-03-23 18:07:12
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 Acquisiton 2021-03-19 49,500 $0.00 125,957 No 4 C Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-03-19 7,262 $346.10 118,695 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-03-19 9,825 $346.75 108,870 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-03-19 5,723 $348.01 103,147 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-03-19 2,031 $348.64 101,116 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-03-19 656 $351.18 100,460 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-03-19 2,869 $351.67 97,591 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-03-19 6,947 $352.78 90,644 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-03-19 12,459 $353.66 78,185 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-03-19 1,728 $354.60 76,457 No 4 S Indirect By Lawson Revocable Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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
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 2021-03-19 49,500 $0.00 49,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,022,899 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 135,014 Direct
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. Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11.
  2. The sales reported were effected pursuant to a 10b5-1 trading plan adopted on 6/3/2020 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 $345.3600 to $346.3450 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $346.4000 to $347.3200 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.
  5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $347.5200 to $348.5050 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.
  6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $348.5200 to $349.0100 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.
  7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.3800 to $351.3700 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.
  8. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $351.3900 to $352.3300 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.
  9. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.4300 to $353.3250 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.
  10. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.4600 to $354.1400 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.
  11. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.4600 to $354.9800 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.
  12. 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.
  13. 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.
  14. JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust.