Filing Details

Accession Number:
0001447669-20-000008
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-01-17 19:16:33
Reporting Period:
2020-01-15
Accepted Time:
2020-01-17 19:16:33
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
1665730 Karyn Smith C/O Twilio Inc.
101 Spear Street, First Floor
San Francisco CA 94105
General Counsel And Secretary 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 2020-01-15 1,880 $0.00 41,479 No 4 C Direct
Class A Common Stock Disposition 2020-01-15 628 $123.41 40,851 No 4 S Direct
Class A Common Stock Disposition 2020-01-15 1,252 $0.00 39,599 No 4 G Direct
Class A Common Stock Acquisiton 2020-01-15 1,252 $0.00 4,073 No 4 G Indirect By The Karyn Smith Revocable Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 G Direct
No 4 G Indirect By The Karyn Smith 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 2020-01-15 1,880 $0.00 1,880 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C 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 1,172 1,172 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
1,172 1,172 Indirect
Footnotes
  1. 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.
  2. 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.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.32 to $123.44 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. Represents shares that were contributed by the Reporting Person to the Reporting Person's trust.
  5. Represents the shares received by the Reporting Person's trust.
  6. The Karyn Smith Revocable Trust U/A/D 9/15/06 Amended 12/23/11, Karyn Smith Trustee.
  7. 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.