Filing Details

Accession Number:
0001447669-21-000204
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-11 20:46:23
Reporting Period:
2021-08-09
Accepted Time:
2021-08-11 20:46:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1447669 Twilio Inc TWLO Services-Prepackaged Software (7372) 262574840
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 2021-08-09 49,500 $0.00 91,003 No 4 C Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-08-09 3,700 $369.05 87,303 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-08-09 3,600 $370.09 83,703 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-08-09 3,300 $371.12 80,403 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-08-09 6,662 $372.39 73,741 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-08-09 9,056 $373.26 64,685 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-08-09 18,265 $374.29 46,420 No 4 S Indirect By Lawson Revocable Trust
Class A Common Stock Disposition 2021-08-09 4,917 $375.15 41,503 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
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 2021-08-09 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
4,818,322 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 119,205 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 $368.6000 to $369.5800 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.
  4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.6800 to $370.5000 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.
  5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.7400 to $371.7100 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.
  6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.7900 to $372.7800 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.
  7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.7900 to $373.7800 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.
  8. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.7900 to $374.7500 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.
  9. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $374.8100 to $375.7100 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.
  10. 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.
  11. 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.
  12. JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust.