Filing Details

Accession Number:
0001447669-25-000020
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-02-20 19:54:41
Reporting Period:
2025-02-18
Filing Date:
2025-02-20
Accepted Time:
2025-02-20 19:54:41
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
1965469 Aidan Viggiano 101 Spear Street, Fifth Floor
San Francisco CA 94105
Chief Financial 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 Disposition 2025-02-18 926 $124.02 152,984 No 4 S Direct
Class A Common Stock Disposition 2025-02-18 150 $124.65 152,834 No 4 S Direct
Class A Common Stock Disposition 2025-02-18 315 $125.90 152,519 No 4 S Direct
Class A Common Stock Acquisiton 2025-02-18 34,145 $0.00 186,664 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 A Direct
Footnotes
  1. Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person.
  2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.50 to $124.43 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.
  3. A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
  4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.50 to $125.005 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 $125.60 to $126.51 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 shares reported in this transaction represent RSUs. Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock. The RSUs vest as follows: 1/12 of the RSUs vest on March 31, 2025, and 1/12th of the RSUs vest each quarter thereafter on June 30, September 30, December 31 and March 31 for the next 11 quarters, subject to the Reporting Person's continued service to the Issuer through each vesting date.